1
00:00:02,520 --> 00:00:08,200
Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News Karen.

2
00:00:07,960 --> 00:00:10,520
Speaker 2: We began with an act of political violence this morning.

3
00:00:11,280 --> 00:00:14,080
Speaker 3: This morning, we are still searching for the story we're

4
00:00:14,080 --> 00:00:14,760
Speaker 3: following today.

5
00:00:14,800 --> 00:00:18,800
Speaker 4: Ellye Kirk, the conservative activist and founder of Turning Point USA,

6
00:00:19,120 --> 00:00:21,360
Speaker 4: was shot as he was speaking to an outdoor crowd

7
00:00:21,400 --> 00:00:24,880
Speaker 4: at Utah Valley University. He was rushed to a local hospital,

8
00:00:24,920 --> 00:00:28,760
Speaker 4: where he died. Utah Governor Spencer Cox reacted on the

9
00:00:28,800 --> 00:00:30,000
Speaker 4: campus after the shooting.

10
00:00:30,280 --> 00:00:32,240
Speaker 2: This is a dark day for our state.

11
00:00:34,000 --> 00:00:37,120
Speaker 4: It's a tragic day for our nation, and I want

12
00:00:37,159 --> 00:00:40,720
Speaker 4: to be very clear that this is a political assassination.

13
00:00:41,320 --> 00:00:44,239
Speaker 4: Utah Governor Spencer Cox spoke as local police had a

14
00:00:44,280 --> 00:00:45,880
Speaker 4: person of interest in custody.

15
00:00:45,920 --> 00:00:47,680
Speaker 2: That person has been released.

16
00:00:48,000 --> 00:00:50,440
Speaker 4: Officials say the gunshot may have been fired from a

17
00:00:50,520 --> 00:00:53,559
Speaker 4: rooftop about two hundred yards from where Kirk was speaking.

18
00:00:53,600 --> 00:00:56,880
Speaker 4: Surveillance video shows a person in dark clothing who may

19
00:00:56,880 --> 00:00:58,360
Speaker 4: be the suspect.

20
00:00:58,360 --> 00:01:03,120
Speaker 3: Well Nathan Charlie kirksisation has sparked shock and anger on

21
00:01:03,240 --> 00:01:06,479
Speaker 3: both sides of the aisle. President Trump posted a video

22
00:01:06,600 --> 00:01:08,520
Speaker 3: tribute on truth Social last night.

23
00:01:08,920 --> 00:01:12,040
Speaker 5: This is a dark moment for America.

24
00:01:12,680 --> 00:01:14,280
Speaker 2: Charlie Kirk traveled.

25
00:01:13,840 --> 00:01:19,640
Speaker 5: The nation, joyfully engaging with everyone interested in good faith debate.

26
00:01:20,640 --> 00:01:24,480
Speaker 5: His mission was to bring young people into the political process,

27
00:01:24,520 --> 00:01:27,440
Speaker 5: which he did better than anybody ever.

28
00:01:27,959 --> 00:01:31,720
Speaker 3: And in that video message, President Trump blamed rhetoric from

29
00:01:31,800 --> 00:01:35,520
Speaker 3: in his words, the radical left, for contributing to the violence.

30
00:01:35,800 --> 00:01:39,959
Speaker 3: Democrats are also condemning the attack. New York's Alexandria Ocassio

31
00:01:40,000 --> 00:01:42,000
Speaker 3: Cortes reacted on Capitol Hill.

32
00:01:42,440 --> 00:01:43,800
Speaker 2: This is horrific.

33
00:01:44,080 --> 00:01:48,720
Speaker 6: This is awful, and the assassination of Charlie Kirk risks

34
00:01:49,000 --> 00:01:51,920
Speaker 6: in uncirking a political chaos.

35
00:01:51,840 --> 00:01:54,360
Speaker 3: And it adds to a series of political violence in

36
00:01:54,440 --> 00:01:57,880
Speaker 3: recent years, including the murder of a Minnesota Democrat earlier

37
00:01:57,960 --> 00:02:02,360
Speaker 3: this summer, and arson at Pennsylvania Governor Joshapiro's home, and

38
00:02:02,440 --> 00:02:06,360
Speaker 3: two attempts on President Trump last year. Charlie Kirk leaves

39
00:02:06,400 --> 00:02:09,960
Speaker 3: behind a wife and two young children. He was thirty

40
00:02:09,960 --> 00:02:10,800
Speaker 3: one years old.

41
00:02:11,120 --> 00:02:11,640
Speaker 2: Well, Karen.

42
00:02:11,680 --> 00:02:15,800
Speaker 4: Americans are also marking the twenty four year anniversary since

43
00:02:15,880 --> 00:02:19,240
Speaker 4: the September eleventh attacks at the World Trade Center site

44
00:02:19,280 --> 00:02:22,280
Speaker 4: in New York City. The nearly three thousand victims' names

45
00:02:22,360 --> 00:02:25,480
Speaker 4: will be read aloud. We get more from Bloomberg's Lisa

46
00:02:25,520 --> 00:02:26,760
Speaker 4: Matteo in Manhattan.

47
00:02:27,080 --> 00:02:29,800
Speaker 6: The first moment of silence comes at eight forty six,

48
00:02:29,960 --> 00:02:33,160
Speaker 6: marking the moment Flight eleven struck the North Tower. After

49
00:02:33,400 --> 00:02:36,520
Speaker 6: houses of worship will toll their bells throughout the city,

50
00:02:36,720 --> 00:02:39,440
Speaker 6: and then families of the victims begin reading their names

51
00:02:39,440 --> 00:02:42,320
Speaker 6: in pairs. The next moment of silence comes at nine

52
00:02:42,400 --> 00:02:46,000
Speaker 6: oh three, when Flight one seventy five struck the South Tower.

53
00:02:46,200 --> 00:02:48,680
Speaker 6: At nine to twenty, we get moments of silence at

54
00:02:48,680 --> 00:02:52,200
Speaker 6: both the New York Stock Exchange and NASDAK. Silence happens

55
00:02:52,200 --> 00:02:55,400
Speaker 6: again at nine thirty seven, the time Flight seventy seven

56
00:02:55,480 --> 00:02:58,880
Speaker 6: struck the Pentagon. At nine point fifty nine, silence marks

57
00:02:58,880 --> 00:03:01,280
Speaker 6: the time of the fall of the South Tower. Ten

58
00:03:01,360 --> 00:03:04,440
Speaker 6: oh three, we observe silence for the time Flight ninety

59
00:03:04,440 --> 00:03:08,440
Speaker 6: three crash near Shanksville, Pennsylvania. The day's last moment of

60
00:03:08,480 --> 00:03:11,560
Speaker 6: silence happens at ten twenty eight, the time the North

61
00:03:11,600 --> 00:03:15,320
Speaker 6: Tower fell. The full commemoration concludes in the neon hour,

62
00:03:15,520 --> 00:03:18,720
Speaker 6: after all victims' names have been read in New York.

63
00:03:18,880 --> 00:03:20,840
Speaker 6: Lisa Matteo Bloomberg News.

64
00:03:20,840 --> 00:03:22,920
Speaker 3: All right, Lisa, thank you. We want to turn to

65
00:03:22,960 --> 00:03:26,079
Speaker 3: the trade war now and Mexico plans to impose tariffs

66
00:03:26,080 --> 00:03:29,000
Speaker 3: of as much as fifty percent on products made by China.

67
00:03:29,360 --> 00:03:32,320
Speaker 3: We again more with Bloomberg's John Tucker and John what's

68
00:03:32,320 --> 00:03:33,120
Speaker 3: behind the move.

69
00:03:33,160 --> 00:03:37,200
Speaker 7: Yeap Mexico's President Claudia Shanbaum Karen is aligning her country

70
00:03:37,240 --> 00:03:42,080
Speaker 7: more closely with US protectionism. She's hoping to appease President

71
00:03:42,120 --> 00:03:44,560
Speaker 7: Trump a head of talks of our North America's free

72
00:03:44,600 --> 00:03:48,400
Speaker 7: trade deal. Mexico has become the biggest destination for cars

73
00:03:48,400 --> 00:03:51,280
Speaker 7: from China, and that doesn't sit well with President Trump

74
00:03:51,280 --> 00:03:54,120
Speaker 7: as he wages the trade war with China. Higher Mexican

75
00:03:54,240 --> 00:03:56,360
Speaker 7: terrence would apply to a list of more than fourteen

76
00:03:56,440 --> 00:04:00,960
Speaker 7: hundred categories of products, including autos. China, South Korea, and

77
00:04:01,080 --> 00:04:03,680
Speaker 7: India are among the exporters that will be hit. Now

78
00:04:03,680 --> 00:04:07,920
Speaker 7: Mexico has replaced Russia as the top destination for exports

79
00:04:07,920 --> 00:04:12,400
Speaker 7: of Chinese cars. General Motorsport and Stlantis shift their China

80
00:04:12,440 --> 00:04:15,360
Speaker 7: made cars to Mexico and other parts of Latin America,

81
00:04:15,480 --> 00:04:18,839
Speaker 7: where they're sold relatively cheaply. Now, the US and Canada

82
00:04:19,000 --> 00:04:22,880
Speaker 7: have a free trade pack with Mexico known as us MCA.

83
00:04:23,320 --> 00:04:26,480
Speaker 7: The terms of that pack called for a review next year.

84
00:04:26,760 --> 00:04:30,640
Speaker 7: Which may open the door for renegotiation between the three countries.

85
00:04:30,800 --> 00:04:32,960
Speaker 7: In New York, Come John Tucker, Bloomberg Radio.

86
00:04:33,200 --> 00:04:34,200
Speaker 2: All right, John, thank you.

87
00:04:34,279 --> 00:04:36,320
Speaker 4: The CEO of one of the world's biggest bank says

88
00:04:36,440 --> 00:04:39,159
Speaker 4: the impact of global tariffs on the US economy and

89
00:04:39,279 --> 00:04:43,239
Speaker 4: Fed monetary policy remains unclear. We spoke with UBS chief

90
00:04:43,279 --> 00:04:45,000
Speaker 4: Sergio or Madi in Hong Kong.

91
00:04:45,440 --> 00:04:50,039
Speaker 2: The true issuow on taris will be seen on consumers

92
00:04:50,440 --> 00:04:53,680
Speaker 2: in the US. We will need to see exactly if

93
00:04:53,720 --> 00:04:58,719
Speaker 2: there is an inflationary aspect of tariffs and is that

94
00:04:58,760 --> 00:05:00,839
Speaker 2: still unclear at this point? I think is unclear.

95
00:05:01,040 --> 00:05:03,440
Speaker 4: That was UBS chief Surgery Armadi speaking this morning with

96
00:05:03,440 --> 00:05:06,520
Speaker 4: Bloomberg's David and Glace in Hong Kong. For the full conversation,

97
00:05:06,640 --> 00:05:09,360
Speaker 4: head to the Bloomberg podcast channel on YouTube.

98
00:05:09,600 --> 00:05:11,960
Speaker 3: Heyk And we also caught up with another banking boss

99
00:05:12,000 --> 00:05:15,400
Speaker 3: this morning. City Groups CEO Jane Fraser, said the US

100
00:05:15,520 --> 00:05:19,400
Speaker 3: economy is proving resilient due to robust consumers spending and

101
00:05:19,440 --> 00:05:22,040
Speaker 3: that she doesn't see a recession on the horizon. And

102
00:05:22,120 --> 00:05:25,080
Speaker 3: Fraser spoke with Bloomberg's dew Minor Brossetchi in Dubai.

103
00:05:25,680 --> 00:05:29,000
Speaker 8: I still see very strong pipelines. I see high level

104
00:05:29,000 --> 00:05:32,359
Speaker 8: of engagement from clients. I see a sense of urgency

105
00:05:32,400 --> 00:05:35,840
Speaker 8: as well. Given the speed with which industry structures are

106
00:05:35,920 --> 00:05:39,760
Speaker 8: changing and there is still growth opportunity, I think growth

107
00:05:39,800 --> 00:05:42,080
Speaker 8: will be a notch lower. We're keeping an eye on

108
00:05:42,080 --> 00:05:45,880
Speaker 8: the labor market. It's a low churn market, so not

109
00:05:45,960 --> 00:05:49,480
Speaker 8: everything is rosy, but we don't see a recession on

110
00:05:49,520 --> 00:05:50,120
Speaker 8: the horizon.

111
00:05:50,440 --> 00:05:54,080
Speaker 3: City Group CEO Jane Fraser also said merger activity is

112
00:05:54,120 --> 00:05:58,440
Speaker 3: rebounding as US companies gain confidence from clearer policy signals.

113
00:05:58,680 --> 00:06:01,680
Speaker 4: Turning to the markets now and futures are pointed higher.

114
00:06:01,720 --> 00:06:04,800
Speaker 4: A day after stocks closed at another record high and

115
00:06:04,800 --> 00:06:08,799
Speaker 4: ahead of this morning's key economic report on inflation, economists

116
00:06:08,839 --> 00:06:12,560
Speaker 4: forecast core consumer prices rose three tenths of one percent

117
00:06:13,000 --> 00:06:15,320
Speaker 4: for a second straight month. We get a preview from

118
00:06:15,320 --> 00:06:16,719
Speaker 4: Bloomberg's Michael McKee.

119
00:06:17,000 --> 00:06:20,000
Speaker 9: It's not whether consumer price inflation rose in August, but

120
00:06:20,160 --> 00:06:23,640
Speaker 9: which products and by how much The hunter's on For

121
00:06:23,760 --> 00:06:27,800
Speaker 9: signs of tariff price pressure, analysts will look to electronics, furniture,

122
00:06:27,800 --> 00:06:31,080
Speaker 9: and other durable goods, as well as food and clothing.

123
00:06:31,680 --> 00:06:36,120
Speaker 9: Another category to watch service prices, which unexpectedly rose last month.

124
00:06:37,160 --> 00:06:40,360
Speaker 9: Core durables meanwhile, rose at the fastest non COVID rate

125
00:06:40,400 --> 00:06:45,039
Speaker 9: since twenty twelve in yesterday's PPI report. Signs of import

126
00:06:45,040 --> 00:06:47,919
Speaker 9: tax impacts may not deter the Fed from cutting interest

127
00:06:47,960 --> 00:06:51,080
Speaker 9: rates next week, but they may affect market views on

128
00:06:51,120 --> 00:06:54,960
Speaker 9: the path of rates going forward. Michael McKee, Bloomberg Radio.

129
00:06:54,920 --> 00:06:57,120
Speaker 3: All right, Mike, thank you will. The economy and monetary

130
00:06:57,160 --> 00:07:00,760
Speaker 3: policy are also in focus overseas this morning. European Central

131
00:07:00,760 --> 00:07:04,159
Speaker 3: Bank is expected to leave interest rates unchanged today. In fact,

132
00:07:04,480 --> 00:07:08,440
Speaker 3: economists belief policymakers are finished with cuts for now.

133
00:07:08,520 --> 00:07:11,320
Speaker 4: And as stocks set records on Wednesday, Karen, it was

134
00:07:11,320 --> 00:07:15,680
Speaker 4: a historic day for Larry Ellison, the Oracle founder, briefly

135
00:07:15,800 --> 00:07:20,240
Speaker 4: surpassed Elon Musk to become the world's richest person. Ellison's

136
00:07:20,280 --> 00:07:24,680
Speaker 4: personal wealth sword eighty nine billion dollars after Oracle's earnings

137
00:07:24,720 --> 00:07:27,960
Speaker 4: and forecasts that increase lifted his total net worth it's

138
00:07:28,040 --> 00:07:32,960
Speaker 4: more than three hundred and eighty three billion dollars.

139
00:07:34,480 --> 00:07:36,239
Speaker 3: Time now for a look at some of their stories

140
00:07:36,280 --> 00:07:38,120
Speaker 3: making news in New York and around the world. And

141
00:07:38,160 --> 00:07:40,119
Speaker 3: for that we're joined by Bloomberg's Michael Barr.

142
00:07:40,160 --> 00:07:43,200
Speaker 10: Michael, good morning, Good morning, Karen, Today marks twenty four

143
00:07:43,320 --> 00:07:47,320
Speaker 10: years since the September eleventh terror attacks in New York City.

144
00:07:47,320 --> 00:07:50,560
Speaker 10: This morning, a group of firefighters and their families will

145
00:07:50,600 --> 00:07:54,080
Speaker 10: be running thirty four point three miles to remember and

146
00:07:54,160 --> 00:07:58,120
Speaker 10: to remind others to never forget what happened that horrible day.

147
00:07:58,720 --> 00:08:01,280
Speaker 10: They will run from Long Eye into the World Trade

148
00:08:01,320 --> 00:08:03,720
Speaker 10: Center to honor the three hundred and forty three members

149
00:08:03,760 --> 00:08:07,000
Speaker 10: of the FDN Y who were killed that day. Joe

150
00:08:07,040 --> 00:08:10,440
Speaker 10: Downey is the grandson of Ray Downey. Joe was only

151
00:08:10,440 --> 00:08:13,360
Speaker 10: five years old when his grandfather died on nine to eleven.

152
00:08:13,520 --> 00:08:15,640
Speaker 10: Joe Downey spoke to ABC seven.

153
00:08:16,200 --> 00:08:21,320
Speaker 11: My grandfather he had four core values in his life, family, faith, fitness,

154
00:08:21,520 --> 00:08:24,920
Speaker 11: and the fdn Y. So hearing about this run, this

155
00:08:25,160 --> 00:08:28,080
Speaker 11: was a sum of all these values in.

156
00:08:28,080 --> 00:08:31,200
Speaker 10: One About three thousand people were killed that day in

157
00:08:31,280 --> 00:08:35,120
Speaker 10: New York, Washington, and Pennsylvania. There was a deadly school

158
00:08:35,120 --> 00:08:38,400
Speaker 10: shooting in the same Colorado county where the Columbine High

159
00:08:38,400 --> 00:08:42,000
Speaker 10: School massacre took place twenty six years ago. Authorities say

160
00:08:42,080 --> 00:08:46,320
Speaker 10: Wednesdays suspected shooter died from a self inflicted gunshot wound.

161
00:08:46,600 --> 00:08:50,360
Speaker 10: The Jefferson County Sheriff's Department says the shooter wounded two

162
00:08:50,360 --> 00:08:53,520
Speaker 10: other students with a handgun at Evergreen High School and

163
00:08:53,559 --> 00:08:56,880
Speaker 10: are hospitalized. Chairff spokesperson Jackie Kelly.

164
00:08:57,240 --> 00:09:00,760
Speaker 3: Obviously we're going to focus on suspect's home, his car,

165
00:09:01,080 --> 00:09:03,040
Speaker 3: his locker, all the things that we need to do

166
00:09:03,080 --> 00:09:06,319
Speaker 3: to find out more about him and maybe why this happened.

167
00:09:06,679 --> 00:09:10,240
Speaker 10: Jefferson County Sheriff spokesperson Jackie Kelly says the shooter was

168
00:09:10,240 --> 00:09:13,480
Speaker 10: a juvenile. Mail opening statements to get underway today and

169
00:09:13,600 --> 00:09:16,880
Speaker 10: Fort Pierce, Florida in the trial of Ryan Ruth. He

170
00:09:17,000 --> 00:09:20,680
Speaker 10: is facing criminal charges for allegedly attempting to assassinate then

171
00:09:20,840 --> 00:09:24,000
Speaker 10: candidate Donald Trump with a rifle at his golf club

172
00:09:24,000 --> 00:09:27,360
Speaker 10: in West Palm Beach. Global News twenty four hours a

173
00:09:27,400 --> 00:09:29,400
Speaker 10: day and whenever you want it with the Bloomberg News.

174
00:09:29,400 --> 00:09:32,000
Speaker 10: Now michae Lebarrn, This is Bloomberg, Karen.

175
00:09:32,520 --> 00:09:35,840
Speaker 3: Thanks Michael. Time now for our Bloomberg Sports update, and

176
00:09:35,880 --> 00:09:37,760
Speaker 3: for that we bring in John stash Hour.

177
00:09:38,000 --> 00:09:40,160
Speaker 12: Thanks Karen. Looks like the forty nine er is gonna

178
00:09:40,160 --> 00:09:41,839
Speaker 12: have to play their Week two game in New Orleans

179
00:09:41,880 --> 00:09:44,040
Speaker 12: with at their starting quarterback Rock Perty. He's got a

180
00:09:44,080 --> 00:09:47,200
Speaker 12: toe injury. Coach Kyle Shanahan calls him a long shot

181
00:09:47,200 --> 00:09:50,640
Speaker 12: to play Sunday and says he actually may miss several weeks.

182
00:09:50,760 --> 00:09:53,640
Speaker 12: Rough night in New York baseball, Mets lost in Philadelphia

183
00:09:53,679 --> 00:09:57,120
Speaker 12: eleven to three. Fields now lead the division by ten games.

184
00:09:57,160 --> 00:09:59,880
Speaker 12: The Yankees gave up eleven runs loss of the time

185
00:10:00,000 --> 00:10:02,200
Speaker 12: there's eleven to one. So for the Yanks, back to

186
00:10:02,240 --> 00:10:05,120
Speaker 12: back losses by ten or more runs for that's the

187
00:10:05,160 --> 00:10:08,079
Speaker 12: third time in Yankee history. That's the Bloomberg Sports Update.

188
00:10:09,559 --> 00:10:12,439
Speaker 3: Stay with us. More from Bloomberg day Break coming up

189
00:10:12,640 --> 00:10:13,280
Speaker 3: after this.

190
00:10:17,480 --> 00:10:21,520
Speaker 1: Coast to coast on Bloomberg Radio, nationwide on Sirius XM,

191
00:10:21,800 --> 00:10:24,640
Speaker 1: and around the world on Bloomberg dot Com and the

192
00:10:24,679 --> 00:10:27,760
Speaker 1: Bloomberg Business app. This is Bloomberg Daybreak.

193
00:10:27,880 --> 00:10:29,160
Speaker 2: Good morning, I'm Nathan Hager.

194
00:10:29,440 --> 00:10:33,400
Speaker 4: The assassination of conservative activist Charlie Kirk has sparked shock

195
00:10:33,520 --> 00:10:36,520
Speaker 4: and outrage across the political spectrum, and it's raised new

196
00:10:36,640 --> 00:10:40,320
Speaker 4: questions about the state of this country's discourse. President Trump

197
00:10:40,400 --> 00:10:42,640
Speaker 4: put it this way in a video tribute to the

198
00:10:42,720 --> 00:10:44,360
Speaker 4: Turning Point USA founder.

199
00:10:44,840 --> 00:10:47,760
Speaker 5: It's a long past time for all Americans and the

200
00:10:47,840 --> 00:10:52,199
Speaker 5: media to confront the fact that violence and murder are

201
00:10:52,240 --> 00:10:57,359
Speaker 5: the tragic consequence of demonizing those with whom you disagree,

202
00:10:57,440 --> 00:11:01,080
Speaker 5: day after day, year after year, the most hateful and

203
00:11:01,160 --> 00:11:02,720
Speaker 5: despicable way possible.

204
00:11:03,040 --> 00:11:05,600
Speaker 4: I was President Trump in a video tribute to Charlie

205
00:11:05,679 --> 00:11:08,439
Speaker 4: Kirk posted on truth Social last night. This morning, we're

206
00:11:08,480 --> 00:11:12,760
Speaker 4: joined by Terry Haynes, the founder of Pangaeopolicy, and Terry,

207
00:11:12,800 --> 00:11:14,679
Speaker 4: this just seems to be the latest in a wave

208
00:11:14,720 --> 00:11:17,920
Speaker 4: of political violence that's been going on in this country.

209
00:11:18,000 --> 00:11:21,760
Speaker 2: For years now. Could this change things?

210
00:11:21,960 --> 00:11:26,520
Speaker 13: Good morning, Good morning, Nathan, But I certainly hope.

211
00:11:26,559 --> 00:11:26,640
Speaker 3: So.

212
00:11:28,160 --> 00:11:34,360
Speaker 13: It's disturbing in political Washington because I think it's taken

213
00:11:34,600 --> 00:11:37,640
Speaker 13: by everybody as a direct shot at the First Amendment.

214
00:11:37,840 --> 00:11:40,640
Speaker 13: I don't mean to abstract a human tragedy, but there

215
00:11:40,679 --> 00:11:43,920
Speaker 13: are these aspects. It's a direct shot at the First Amendment.

216
00:11:44,040 --> 00:11:47,239
Speaker 13: Freedom of assembly, the freedom of debate, from viewpoint, diversity,

217
00:11:47,280 --> 00:11:53,600
Speaker 13: all these things, and reckoning is necessary. I'll be optimistic

218
00:11:53,679 --> 00:11:56,400
Speaker 13: about the possibility of that happening, but it's by no

219
00:11:56,480 --> 00:11:57,360
Speaker 13: means a slam dunk.

220
00:11:59,240 --> 00:12:02,160
Speaker 4: And to that point, I mean, we've seen on social

221
00:12:02,200 --> 00:12:05,760
Speaker 4: media Elon Musk posting on Twitter the left is the

222
00:12:05,800 --> 00:12:11,160
Speaker 4: Party of murder, some other conservative activists calling Charlie Kirk

223
00:12:11,240 --> 00:12:14,640
Speaker 4: a martyr, and of course we've had, you know, attempts

224
00:12:14,640 --> 00:12:18,480
Speaker 4: on President Trump's life just last year. What will it

225
00:12:18,559 --> 00:12:21,520
Speaker 4: take for cooler heads to prevail from all this?

226
00:12:22,840 --> 00:12:26,280
Speaker 13: You're absolutely right about. You know, there's a long, long

227
00:12:26,400 --> 00:12:34,320
Speaker 13: littening on both on both sides of outrage and the

228
00:12:34,640 --> 00:12:38,280
Speaker 13: direct action against people and things. I think you really

229
00:12:38,360 --> 00:12:43,920
Speaker 13: need three changes inside the political class and outside of it. First,

230
00:12:44,679 --> 00:12:47,240
Speaker 13: you need more humility than we've got today, a lot

231
00:12:47,280 --> 00:12:50,199
Speaker 13: more of it, since that everything has gone too far

232
00:12:50,240 --> 00:12:53,840
Speaker 13: and needs it needs to stop. Secondly, you rightly point

233
00:12:53,880 --> 00:12:56,880
Speaker 13: out the rhetoric, and there is the rhetoric is way

234
00:12:56,880 --> 00:13:00,040
Speaker 13: over the top on both sides. Two days ago the

235
00:13:00,320 --> 00:13:03,840
Speaker 13: United States, a democratic United States senator I'm not going

236
00:13:03,920 --> 00:13:08,240
Speaker 13: to name because I'm not interested in outing anybody said

237
00:13:08,320 --> 00:13:11,000
Speaker 13: publicly that we're in a war right now to save

238
00:13:11,040 --> 00:13:12,920
Speaker 13: this country, so you have to be willing to do

239
00:13:13,000 --> 00:13:18,040
Speaker 13: whatever is necessary to save the country. That sort of

240
00:13:18,120 --> 00:13:20,640
Speaker 13: rhetoric is, I point out, just as the most recent

241
00:13:20,720 --> 00:13:25,720
Speaker 13: example of many that has to be dialed down, because

242
00:13:25,720 --> 00:13:27,960
Speaker 13: the message is that you have to do whatever is

243
00:13:28,040 --> 00:13:31,480
Speaker 13: necessary implies the kinds of things that happened yesterday. It

244
00:13:31,520 --> 00:13:37,280
Speaker 13: does and so there's that. And the final thing, too,

245
00:13:37,480 --> 00:13:41,280
Speaker 13: is is the political culture today on both sides of

246
00:13:41,280 --> 00:13:45,160
Speaker 13: rewards extremism, and that's got to stop. One way that

247
00:13:45,200 --> 00:13:47,800
Speaker 13: can stop, there's a lot of different ways, is by

248
00:13:47,840 --> 00:13:52,040
Speaker 13: making sure that just as in twenty twenty, that those

249
00:13:52,080 --> 00:14:00,079
Speaker 13: who fund the politics, individuals, companies express their intolerance for

250
00:14:00,080 --> 00:14:01,959
Speaker 13: for this sort of intolerance.

251
00:14:02,280 --> 00:14:06,080
Speaker 4: In our last minute terry act like this and coming

252
00:14:06,120 --> 00:14:09,000
Speaker 4: after some of the others as well, Does this point

253
00:14:09,040 --> 00:14:11,000
Speaker 4: to an instability in our country?

254
00:14:11,520 --> 00:14:13,640
Speaker 2: Put it in a broader context for us?

255
00:14:14,640 --> 00:14:17,360
Speaker 13: I don't think it points to an instability in the country.

256
00:14:17,600 --> 00:14:21,640
Speaker 13: I respect the conclusion. I don't think it points to

257
00:14:21,680 --> 00:14:24,320
Speaker 13: an instability in the country. I do think it's a

258
00:14:24,360 --> 00:14:30,680
Speaker 13: situation where people, you know, whether they're officials in the

259
00:14:30,680 --> 00:14:38,360
Speaker 13: Isaias government or ordinary citizens, find themselves gripped by the

260
00:14:38,440 --> 00:14:42,760
Speaker 13: sort of apocalyptic rhetoric and on both sides again and

261
00:14:42,840 --> 00:14:48,400
Speaker 13: feel the need to somehow address the situation. And that's

262
00:14:48,440 --> 00:14:51,440
Speaker 13: a problem. Now. I will be optimistic in the end

263
00:14:51,520 --> 00:14:56,000
Speaker 13: because I lived through the nineteen sixties and seventies as

264
00:14:56,040 --> 00:14:58,800
Speaker 13: a child and a young adult, and that's exactly the

265
00:14:58,800 --> 00:15:01,640
Speaker 13: same kind of thing that happened then, and we got

266
00:15:01,680 --> 00:15:04,800
Speaker 13: past it, and let pray we do now.

267
00:15:05,600 --> 00:15:09,040
Speaker 3: This is Bloomberg Daybreak, your morning podcast on the stories

268
00:15:09,120 --> 00:15:12,160
Speaker 3: making news from Wall Street to Washington and beyond.

269
00:15:12,400 --> 00:15:14,800
Speaker 4: Look for us on your podcast feed by six am

270
00:15:14,840 --> 00:15:18,240
Speaker 4: Eastern each morning, on Apple, Spotify, or anywhere else you listen.

271
00:15:18,440 --> 00:15:21,320
Speaker 3: You can also listen live each morning starting at five

272
00:15:21,360 --> 00:15:24,040
Speaker 3: am Wall Street Time on Bloomberg eleven three to zero

273
00:15:24,040 --> 00:15:26,960
Speaker 3: in New York, Bloomberg in ninety nine to one in Washington,

274
00:15:27,040 --> 00:15:30,960
Speaker 3: Bloomberg ninety two nine in Boston, and nationwide on serious

275
00:15:31,160 --> 00:15:32,880
Speaker 3: XM Channel one twenty one.

276
00:15:33,120 --> 00:15:35,840
Speaker 4: Plus listen coast to coast on the Bloomberg Business app

277
00:15:35,880 --> 00:15:38,720
Speaker 4: now with Apple CarPlay and Android auto interfaces.

278
00:15:38,920 --> 00:15:41,960
Speaker 3: And don't forget to subscribe to Bloomberg News Now. It's

279
00:15:41,960 --> 00:15:44,720
Speaker 3: the latest news whenever you want it in five minutes

280
00:15:44,800 --> 00:15:47,920
Speaker 3: or less. Search Bloomberg News Now and your favorite podcast

281
00:15:47,960 --> 00:15:52,120
Speaker 3: platform to stay informed all day long. I'm Karen Moscow.

282
00:15:51,920 --> 00:15:52,880
Speaker 2: And I'm Nathan Hager.

283
00:15:53,040 --> 00:15:55,080
Speaker 4: Join us again tomorrow morning for all the news you

284
00:15:55,120 --> 00:15:57,880
Speaker 4: need to start your day right here on Bloomberg Daybreak.

285
00:16:03,760 --> 00:16:04,040
Speaker 3: They