WEBVTT - Government Shutdown Looms; Trump Threatens EU Tariffs

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, Radio News.

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<v Speaker 2>Good morning. I'm Nathan Hager.

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<v Speaker 1>And I'm Karen Moscow. Here are the stories we're following today.

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<v Speaker 3>Karen, we begin with the latest on a possible government shutdown,

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<v Speaker 3>with a midnight deadline now just hours away. A revised

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<v Speaker 3>funding plan backed by President elect Donald Trump and Elon

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<v Speaker 3>Musk has been rejected by the Republican Ledhouse. That's after

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<v Speaker 3>Musk and Trump came out against a previous bipartisan stopgap measure.

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<v Speaker 3>House Speaker Mike Johnson spoke after thirty eight members of

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<v Speaker 3>his own party voted alongside nearly all Democrats to reject

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<v Speaker 3>the latest proposal.

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<v Speaker 4>Very disappointing to us that all but two Democrats voted

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<v Speaker 4>against aid to farmers and ranchers, against disaster relief, against

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<v Speaker 4>all these bipartisan measures that had already been negotiated and

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<v Speaker 4>decided upon. Again, the only difference on this legislation was

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<v Speaker 4>that we would push the dead ceiling to Anyuary of

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<v Speaker 4>twenty twenty seven.

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<v Speaker 3>Well that House Speaker Mike Johnson says Republicans will regroup

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<v Speaker 3>and come up with another solution ahead of the vote.

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<v Speaker 3>House Democratic Leader Hakim Jeffries called the plan laughable.

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<v Speaker 5>One or two puppet masters weigh in, and the extreme

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<v Speaker 5>maga Republicans decide to do the bidding of the wealthy,

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<v Speaker 5>the well off, the well connected millionaires and billionaires, not

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<v Speaker 5>working class people.

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<v Speaker 3>House Democratic Leader Hakim Jeffrey says Republicans are driving the

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<v Speaker 3>government to a shutdown.

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<v Speaker 6>Well Nathan.

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<v Speaker 1>President elect Trump weighed in on truth Social after the vote,

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<v Speaker 1>saying there should be no government funding deal without removing

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<v Speaker 1>the debt ceiling. As he put it, the pressure is

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<v Speaker 1>on whoever is president. Vice President elect JD. Van says

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<v Speaker 1>Democrats are just trying to make things harder for each

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<v Speaker 1>second Trump administration.

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<v Speaker 7>They would rather shut down the government and fight for

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<v Speaker 7>global censorship boards.

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<v Speaker 8>They've asked for a shutdown, and I think that's exactly

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<v Speaker 8>what they're going to be.

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<v Speaker 6>Vice President elect JD.

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<v Speaker 1>Van says Democrats don't want to give Trump negotiating leverage.

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<v Speaker 1>During his first year, A Democratic Congressman Jamie Raskin says

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<v Speaker 1>his party mostly voted against the new plan after the

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<v Speaker 1>original agreement blew up.

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<v Speaker 7>I had one Republican colleague say, now it's President Musk

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<v Speaker 7>and JD.

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<v Speaker 6>Vance as vice president.

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<v Speaker 8>But where does that leave Donald Trump?

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<v Speaker 9>The president of.

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<v Speaker 1>The lect Democrat Jamie Raskin, rejected the DAL that would

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<v Speaker 1>have set March fourteenth as the new funding deadline.

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<v Speaker 3>Well Karen, President, like Trump, is also taking the truth

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<v Speaker 3>social to issue a new trade threat. He is warning

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<v Speaker 3>the European Union that he'll hit the block with tariffs

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<v Speaker 3>unless it increases purchases of American oil and gas.

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<v Speaker 8>The US is the.

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<v Speaker 3>World's biggest exporter of liquefied natural gas. More than half

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<v Speaker 3>of American l and GX sports went to the EU

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<v Speaker 3>last year in the wake of Russia's invasion of Ukraine.

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<v Speaker 6>Well Nathan elsewhere overseas.

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<v Speaker 1>A delegation of American diplomats has arrived in Syria this

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<v Speaker 1>morning to meet with representatives of several Syrian factions. One

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<v Speaker 1>of them is the rebel group HTS, which has designated

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<v Speaker 1>a terrorist group and overthrow the country's longtime dictator, Bashar

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<v Speaker 1>Ellis Well Karen.

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<v Speaker 3>Secretary of State Anthony Blincoln says the US has received

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<v Speaker 3>positive signs from HTS. He spoke to Bloomberg about plans

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<v Speaker 3>for engaging with Syria.

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<v Speaker 2>I think it's important to have direct communication.

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<v Speaker 5>It's important to speak as clearly as possible to listen

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<v Speaker 5>to make sure that we understand as best we can

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<v Speaker 5>where they're going and where they want to go.

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<v Speaker 3>Secretary of State Blinkin ads he's been in close contact

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<v Speaker 3>with the incoming Trump administration. He says he wants to

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<v Speaker 3>give them the best possible hand to play in geopolitical

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<v Speaker 3>conflicts around the globe.

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<v Speaker 1>Well, Nathan, we turned now to the markets, and trader's

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<v Speaker 1>attention turns today to the last major data point of

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<v Speaker 1>twenty twenty four, the Personal Consumption Expenditures Index for November.

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<v Speaker 1>It comes after yesterday's figure showed faster than expected economic

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<v Speaker 1>growth and robust consumer spending. Those numbers weaken the case

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<v Speaker 1>for imminent rate cuts. After FED Chair J Powell sing

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<v Speaker 1>on a hawkish pivot earlier this week, RBC chief economist

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<v Speaker 1>Francis Donald says economic data are likely not the only

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<v Speaker 1>factor influencing the FED strategy.

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<v Speaker 10>This is really a federal reserve that, even though they

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<v Speaker 10>say they're not incorporating the effect of Trump policies, or

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<v Speaker 10>some of them are, but some of them are not,

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<v Speaker 10>is absolutely internalizing what they expect to come next. It

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<v Speaker 10>is in their psyche, in their biases. They are afraid

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<v Speaker 10>of inflation and Powell, while trying to speak out of

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<v Speaker 10>both sides of his mouth, really gave the impression that

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<v Speaker 10>the Fed is focused on what those CPI PC numbers

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<v Speaker 10>are going to look like, and therefore that's what the

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<v Speaker 10>market will be focused on.

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<v Speaker 1>RBC Chief economist Francis Donald says, while sectors like manufacturing

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<v Speaker 1>and housing face real price pressures, the AI and productivity

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<v Speaker 1>boom may help sustain growth into next year.

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<v Speaker 3>Turning now to Bitcoin, the world's biggest crypto currency, hit

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<v Speaker 3>a record high this week above one hundred eight thousand

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<v Speaker 3>dollars on hopes of crypto friendly policies in a new

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<v Speaker 3>Trump administration. The Fed's pivot, though, has sent the token

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<v Speaker 3>down more than ten percent since then, and checking bitcoin

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<v Speaker 3>prices right now, they're down another three percent, just below

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<v Speaker 3>ninety five thousand dollars. But many are still bullish on Bitcoin,

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<v Speaker 3>including ARC Investment Management CEO Kathy Would.

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<v Speaker 11>If institutional investors are looking at this new asset class

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<v Speaker 11>more seriously, and bitcoin is really the first of its

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<v Speaker 11>kind in a new asset class and will be, we believe,

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<v Speaker 11>the biggest opportunity of them all, they must consider an allocation.

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<v Speaker 3>ARC CEO Kathy Wood tells Bloomberg she thinks bitcoin could

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<v Speaker 3>top a million dollars by twenty thirty.

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<v Speaker 1>Hey, Moe, Nathan, we have a fresh headline and the

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<v Speaker 1>potential merger of Nissan and Honda. Bloomberg News has learned

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<v Speaker 1>fox Con is putting its interest in pursuing Nissan on

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<v Speaker 1>hold after the Taiwanese smartphone makers send a delegation to

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<v Speaker 1>meet with Renault, which owns thirty six percent of Nissan.

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<v Speaker 1>Sources tell as fox Con is waiting to see if

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<v Speaker 1>Nissan and Honda make real progress on a deal before

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<v Speaker 1>designing its next move.

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<v Speaker 3>Another company News, Karen Alphabet CEO soon Dar Pishai, told

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<v Speaker 3>employees this week that Google cut its manager, director and

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<v Speaker 3>vice president roles by ten percent in a push for efficiency.

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<v Speaker 3>That is, according to a report from Business Insider. Back

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<v Speaker 3>in twenty twenty two, Pitchai said he wanted Google to

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<v Speaker 3>be twenty percent more efficient. He eliminated twelve thousand rolls

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<v Speaker 3>the following year.

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<v Speaker 6>And finally, Nathan.

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<v Speaker 1>Starbucks baristas are going on strike for five days starting today,

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<v Speaker 1>and stores across Los Angeles, Chicago, and Seattle. The strike

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<v Speaker 1>as a result of an impasse in bargaining sessions. The

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<v Speaker 1>Starbucks workers United Union is seeking better pay, schedules and hours.

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<v Speaker 1>The union expects the strike to spread to hundreds of

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<v Speaker 1>stores by Christmas Eve. Starbucks says the union prematurely ended negotiations.

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<v Speaker 1>Time now for a look at some of the other

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<v Speaker 1>stories making news in New York and around the world,

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<v Speaker 1>and for that we're joined by Bloomberg's John Tucker, John

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<v Speaker 1>good Morning, and.

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<v Speaker 12>Good morning, Karen Hillage CEO killer Luigi Mangioni is back

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<v Speaker 12>in New York and could now face the federal death penalty,

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<v Speaker 12>and Bloomberg's Lisa Matteo joining US Live this morning with

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<v Speaker 12>the very latest.

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<v Speaker 8>Lisa, good Morning, Good morning.

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<v Speaker 13>John y Joni was charged with murder by federal prosecutors

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<v Speaker 13>for killing of United Health Group executive Brian Thompson. Well Now,

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<v Speaker 13>lawyer for the alleged killer, told a US judge in

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<v Speaker 13>New York that one of those federal charges was quote

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<v Speaker 13>death eligible.

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<v Speaker 6>Karen Freeman.

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<v Speaker 13>In a niphilo, she complained that the theories between separate

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<v Speaker 13>cases followed by the Satan federal prosecutors seem different and

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<v Speaker 13>that she's quote never seen anything like what is happening

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<v Speaker 13>here in over three decades of practicing law. Now What's interesting, John,

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<v Speaker 13>is that in New York State, while they haven't executed

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<v Speaker 13>a convicted felon in more than sixty years.

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<v Speaker 8>Bloombergs Lisa Matteo.

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<v Speaker 12>Lisa thanks the Pentagon, a ship anti drone technology to

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<v Speaker 12>an area of New Jersey located where signings some mysterious

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<v Speaker 12>aircraft has set residence on edge and drone accusations that

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<v Speaker 12>the federal government isn't taking the incident seriously. The Defense

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<v Speaker 12>Department provided equipment capable both of detecting drones and also

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<v Speaker 12>disabling them, whether it could put the freeze on some

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<v Speaker 12>holiday travel plans At Bloomberg, Meteorologist Rob Carolyn gives the update.

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<v Speaker 8>John Arnik.

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<v Speaker 14>High pressure building out of the Dakodas this morning will

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<v Speaker 14>continue to affect the central planes and eventually move through

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<v Speaker 14>the mid Atlantic States, the Great Lakes, the Ohio River

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<v Speaker 14>Valley in the Northeast with some of the coldest air

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<v Speaker 14>we've seen so far this season, and looks like that

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<v Speaker 14>area is going to remain in place right through Christmas

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<v Speaker 14>Eve Day.

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<v Speaker 8>Bloomberg Meteorlogist Rob Carolyn.

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<v Speaker 12>Thousands of Amazon workers striking for better pay and working conditions.

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<v Speaker 12>Hey WHOA The estimated numbers believed he will be around

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<v Speaker 12>ten thousand strikers. That's out of approximately eight hundred thousand

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<v Speaker 12>Amazon employees. The meantime, Amazon will pay one hundred and

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<v Speaker 12>forty five thousand dollars in penalties. That's part of a

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<v Speaker 12>settlement with the federal workplace regulators regarding allegedly unsafe conditions

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<v Speaker 12>at several of its US warehouse and logistics facilities. Global

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<v Speaker 12>News twenty four hours a day, whenever you want it

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<v Speaker 12>with Bloomberg News Now. Hi, John Tucker, and this is

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<v Speaker 12>Bloomberg Karen.

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<v Speaker 1>All right, John Tucker, thank you time now for the

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<v Speaker 1>Bloomberg Sports Update. Bronti you by Tri State Ody. Here's

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<v Speaker 1>John Stanshower, John, good morning, Good.

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<v Speaker 2>Morning, Karon.

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<v Speaker 15>Carl Anthony Town spent nine years in Minnesota. He's the

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<v Speaker 15>second leading scorer in Timberwolves history. He didn't leave as

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<v Speaker 15>a free agent. He got traded to the next though.

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<v Speaker 15>He got a big ovation in his return and then

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<v Speaker 15>put on a show. Thirty two points twenty rebounds. Town

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<v Speaker 15>shot ten of twelve, made all five of as three pointers.

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<v Speaker 15>The Knicks outscored the t Wolves forty one to eighteen

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<v Speaker 15>in the second quarter, went on to win going away

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<v Speaker 15>one thirty three to one oh seven. Mchal Bridges added

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<v Speaker 15>twenty nine points. Julius Randall, also playing his former team,

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<v Speaker 15>scored twenty four. The Nets got thirty three from Cam

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<v Speaker 15>Johnson and won one on one ninety four in Toronto,

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<v Speaker 15>the Celtics outscored by thirteen in the fourth quarter. Upset

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<v Speaker 15>at home by Chicago rare win for the Wizards, just

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<v Speaker 15>their fourth of the season. They beat Charlotte and the

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<v Speaker 15>Lakers win at Sacramento. Lebron James past Kareem Abdul Jabbar.

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<v Speaker 15>Lebron has now played the most minutes in NBA history.

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<v Speaker 15>Devils lost four too at Columbus. The Bruins lost in

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<v Speaker 15>overtime at Edmonton. Quick sixteen began in the AFC West,

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<v Speaker 15>where Kansas City has clinted the division. The Broncos and

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<v Speaker 15>Chargers looking very much like they'll be AFC wild Cards.

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<v Speaker 15>They met in La Denver, going for a fifth straight win,

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<v Speaker 15>had an eleven point lead with three minutes left in

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<v Speaker 15>the third quarter. The Chargers rallied two fourth quarter touchdown

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<v Speaker 15>passes by Justin Herbert. LA won thirty four to twenty seven.

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<v Speaker 15>Both teams now nine and six. Indiana and Notre Dame

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<v Speaker 15>both win eleven and one. They played tonight an in

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<v Speaker 15>state battle in South Bend to start the now twelve

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<v Speaker 15>team eleven game college football.

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<v Speaker 2>Playoff, with three more games tomorrow.

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<v Speaker 15>The newest Yankee, Cody Bellinger, has already played in two

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<v Speaker 15>large markets with the Dodgers and Cubs, was asked about

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<v Speaker 15>now playing in New York.

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<v Speaker 7>I have an opportunity here to play for one of

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<v Speaker 7>the best franchises in all the sports.

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<v Speaker 8>I knew there was interest, and you know, like.

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<v Speaker 7>I said, I wanted to take advantage of the opportunity,

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<v Speaker 7>and I'm just glad that it was all able to

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<v Speaker 7>work out.

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<v Speaker 15>Bellinger admitted his father very happy with the trade. Clay

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<v Speaker 15>Bellinger was a Yankee for three seasons, won two championships.

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<v Speaker 2>John Stanshewer Bloomberg Sports, Karen Navian.

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<v Speaker 9>Coast to Coast on Bloomberg Radio, nationwide on Sirius XM,

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<v Speaker 9>and around the world on Bloomberg dot Com and the

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<v Speaker 9>Bloomberg Business app. This is Bloomberg Daybreak. Good morning, I'm

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<v Speaker 9>Nathan Hager. Will the third time be the charm in Washington,

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<v Speaker 9>d C.

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<v Speaker 3>Well, the pressure is really on lawmakers now with less

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<v Speaker 3>than twenty four hours till a.

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<v Speaker 2>Government shut down deadline.

0:11:25.840 --> 0:11:29.240
<v Speaker 3>The House has voted down the latest proposal that was

0:11:29.360 --> 0:11:32.280
<v Speaker 3>backed by President like Donald Trump to keep the government

0:11:32.320 --> 0:11:35.320
<v Speaker 3>open into March and to keep the debt ceiling from

0:11:35.400 --> 0:11:38.800
<v Speaker 3>existing for another two years. Chip Roy of Texas is

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<v Speaker 3>one of the thirty eight Republicans who voted no.

0:11:42.000 --> 0:11:45.160
<v Speaker 2>Not going to go vote for another debt sealing increase without.

0:11:45.080 --> 0:11:48.280
<v Speaker 8>Actual specifics on what the cups will be. That's another non.

0:11:48.160 --> 0:11:51.000
<v Speaker 3>Starter for me, Republican Chip Roy of Texas. After the

0:11:51.080 --> 0:11:53.440
<v Speaker 3>latest stopgap went down and defeat last night. From More

0:11:53.520 --> 0:11:56.640
<v Speaker 3>this morning, we are joined by Terry Haynes, founder of

0:11:56.720 --> 0:11:57.720
<v Speaker 3>Pangaea Policy.

0:11:58.280 --> 0:12:01.160
<v Speaker 2>Is your countdown clock setup? Harry, what's the risk of

0:12:01.200 --> 0:12:02.200
<v Speaker 2>a prolonged shutdown?

0:12:02.200 --> 0:12:02.320
<v Speaker 1>Now?

0:12:02.440 --> 0:12:06.520
<v Speaker 16>Good morning, Good morning data. Uh, you know these things

0:12:06.559 --> 0:12:10.360
<v Speaker 16>never really last very long, you know it. The politics,

0:12:10.640 --> 0:12:13.400
<v Speaker 16>the you know two things. One, you know that you've

0:12:13.400 --> 0:12:16.640
<v Speaker 16>got a bunch of politicians here that are showing on

0:12:16.679 --> 0:12:18.960
<v Speaker 16>this issue that they're not really very good at politics,

0:12:18.960 --> 0:12:21.959
<v Speaker 16>which is sort of weird, but there it is. You know,

0:12:22.040 --> 0:12:25.040
<v Speaker 16>good politicians talk to each other. Good politicians, you know,

0:12:25.120 --> 0:12:29.640
<v Speaker 16>even from particularly from on the other side. You know,

0:12:29.640 --> 0:12:32.720
<v Speaker 16>know what's going to happen and kind of what the

0:12:32.800 --> 0:12:36.520
<v Speaker 16>room for maneuver is. None of that's happening here. Secondly,

0:12:36.679 --> 0:12:42.240
<v Speaker 16>on Trump and Musk and Ramaswami and those folks, you know,

0:12:42.400 --> 0:12:46.400
<v Speaker 16>turning it up to eleven like spinal tap, you know,

0:12:46.440 --> 0:12:49.680
<v Speaker 16>at the very last minute shows a lot of things.

0:12:49.679 --> 0:12:52.160
<v Speaker 16>But one of the things that shows markets is that

0:12:52.559 --> 0:12:55.400
<v Speaker 16>Trump's much less likely to actually achieve the things that

0:12:55.440 --> 0:12:59.240
<v Speaker 16>they think he's until recently that he was very likely

0:12:59.320 --> 0:13:01.760
<v Speaker 16>to achieve. That's a very bad look for Trump, and

0:13:02.559 --> 0:13:04.360
<v Speaker 16>I think what he needs to do is stand down,

0:13:04.400 --> 0:13:07.560
<v Speaker 16>stand back from this and cool the temperature off. But

0:13:07.679 --> 0:13:11.200
<v Speaker 16>you know, I think I think what the politicians will

0:13:11.240 --> 0:13:15.320
<v Speaker 16>do over the weekend is figure out the minimum they

0:13:15.360 --> 0:13:17.920
<v Speaker 16>need to do and actually do it and be done.

0:13:18.400 --> 0:13:20.720
<v Speaker 2>Why have this debt ceiling fight?

0:13:21.120 --> 0:13:21.480
<v Speaker 9>Now?

0:13:21.880 --> 0:13:24.520
<v Speaker 2>What is Trump wanting out of this?

0:13:26.000 --> 0:13:28.240
<v Speaker 16>You know, what he wants and what he's getting are

0:13:28.280 --> 0:13:32.679
<v Speaker 16>really two different things. What he wants is he doesn't

0:13:32.760 --> 0:13:37.120
<v Speaker 16>want the debt ceiling fight, which has to happen in

0:13:37.160 --> 0:13:40.920
<v Speaker 16>the late winter early spring, excuse me, in the late

0:13:40.960 --> 0:13:45.199
<v Speaker 16>winter early spring, to overshadow the tax the tax bill

0:13:45.480 --> 0:13:48.800
<v Speaker 16>and revenue raising and the other things that he wants

0:13:48.840 --> 0:13:52.960
<v Speaker 16>to do. But he's what he's showing is that he

0:13:53.000 --> 0:13:56.080
<v Speaker 16>doesn't understand how dug in a lot of Republicans are

0:13:56.160 --> 0:13:58.360
<v Speaker 16>not just the thirty eight or so that voted against

0:13:59.240 --> 0:14:02.560
<v Speaker 16>voted against last night, but how much of an article

0:14:02.559 --> 0:14:05.280
<v Speaker 16>of faith keeping the debt ceiling and keeping some sort

0:14:05.280 --> 0:14:08.560
<v Speaker 16>of restraint on federal spending is and has been the

0:14:08.600 --> 0:14:11.720
<v Speaker 16>Republicans for a lot of years. So what it shows

0:14:11.800 --> 0:14:13.959
<v Speaker 16>is that he's out of touch with his own his

0:14:14.000 --> 0:14:17.520
<v Speaker 16>own political base in Congress. That's that's a very bad

0:14:17.559 --> 0:14:18.120
<v Speaker 16>look for him.

0:14:18.400 --> 0:14:23.160
<v Speaker 3>Well, he was threatening to primary Republicans who voted against this,

0:14:23.320 --> 0:14:25.400
<v Speaker 3>and as we heard Chip Roy there, he's one of

0:14:25.440 --> 0:14:29.440
<v Speaker 3>the hardliners on Capitol Hill. How serious is that primary

0:14:29.480 --> 0:14:30.760
<v Speaker 3>threat from President like Trump?

0:14:31.400 --> 0:14:33.560
<v Speaker 16>Well, I think that's one of the things that my

0:14:33.640 --> 0:14:35.600
<v Speaker 16>guess is that that's one of the things that kind

0:14:35.640 --> 0:14:37.920
<v Speaker 16>of gets said in the heat of the moment, probably

0:14:37.960 --> 0:14:42.040
<v Speaker 16>goes away after after all this is over, there's going

0:14:42.080 --> 0:14:44.280
<v Speaker 16>to be a lot of patching up that's going to

0:14:44.360 --> 0:14:46.640
<v Speaker 16>have to be done on the Trump side as well

0:14:46.680 --> 0:14:51.240
<v Speaker 16>as from the Republican side. But you know, Trump thought

0:14:51.240 --> 0:14:53.120
<v Speaker 16>he was just going to seam roll these guys into

0:14:53.480 --> 0:14:56.680
<v Speaker 16>into voting for something that that they wouldn't vote for

0:14:57.680 --> 0:14:59.960
<v Speaker 16>you know, he's got another thing coming. Frankly, this is

0:15:00.120 --> 0:15:04.880
<v Speaker 16>so it's difficult to impossible to steamroll, you know, the

0:15:05.360 --> 0:15:08.400
<v Speaker 16>coequal branch of government. And that's exactly what Congress is

0:15:08.520 --> 0:15:13.000
<v Speaker 16>and more importantly, what they consider themselves to be. And

0:15:13.000 --> 0:15:17.320
<v Speaker 16>and you know you can't your first your first goal

0:15:17.360 --> 0:15:20.840
<v Speaker 16>here can't be to unman these folks, particularly when you

0:15:20.880 --> 0:15:23.800
<v Speaker 16>need all of them just to accomplish anything that you

0:15:23.840 --> 0:15:27.760
<v Speaker 16>want to accomplish. He can't accomplish without them. So therefore,

0:15:28.040 --> 0:15:29.640
<v Speaker 16>therefore he's going to have to make it up to them,

0:15:29.640 --> 0:15:30.560
<v Speaker 16>not the other way around.

0:15:30.680 --> 0:15:33.080
<v Speaker 3>We have just thirty seconds left, Terry. But where's President

0:15:33.120 --> 0:15:35.280
<v Speaker 3>Biden and all this? Does he need to speak up more?

0:15:37.200 --> 0:15:41.440
<v Speaker 16>He well, I think it's passed the time in which anybody,

0:15:41.760 --> 0:15:43.800
<v Speaker 16>even in Biden's own party is going to be able,

0:15:44.280 --> 0:15:47.000
<v Speaker 16>is going to listen to him or much care that.

0:15:47.040 --> 0:15:49.400
<v Speaker 16>They think they've been carrying water for him for way

0:15:49.400 --> 0:15:51.960
<v Speaker 16>too long. They need to forge their own path forward,

0:15:51.960 --> 0:15:52.840
<v Speaker 16>and they're trying to do that.

0:15:53.280 --> 0:15:56.720
<v Speaker 1>This is Bloomberg Daybreak, your morning podcast on the stories

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