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

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Speaker 1: Charlie Pellett. Israel has struck multiple targets in Yemen controlled

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Speaker 1: by Iran backed Hoothies, including military infrastructure and power stations.

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Speaker 1: Israeli Prime Minister Benjamin ETTNYA, who says his country is

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Speaker 1: determined to cut off what he's calling a terrorist arm

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Speaker 1: of Iran's evil access. Former US Ambassador James Jeffrey, now

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Speaker 1: Middle East Program Chair at the Wilson Center, was interviewed

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Speaker 1: on Bloomberg's Balance of Power.

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Speaker 2: This is a continuation of what has been a region

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Speaker 2: wide walk between Iran and its various proxies and allies.

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Speaker 2: The age group, you can call them Hamas Isabela, the

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Speaker 2: Hoodies against Israel are reluctant but extremely important supporter of

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Speaker 2: the United States, and bits and pieces of other Arab

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Speaker 2: states and Europeans, particularly against the Hoodies. The last man standing,

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Speaker 2: so to speak, right now, is the Hoodies.

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Speaker 1: Former US Massador James Jeffrey, now Middle East Program Chair

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Speaker 1: at the Wilson Center. Panamanian President Jose Raoul Malino is

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Speaker 1: pushing back against Donald Trump's threats and claims over the

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Speaker 1: Panama Canal. Trump brought control over the canal into play

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Speaker 1: last weekends, slamming quote ridiculous transit fees for US vessels

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Speaker 1: and alleged Chinese encroachment. Malino also reiterated that Panama will

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Speaker 1: not seed control of the canal to the US and

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Speaker 1: will wait until Trump's inauguration to hold formal talks with

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Speaker 1: the new administration. Here's Bloomberg's Joe Matthew.

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Speaker 3: Donald Trump has suggested, in fact said out loud, that

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Speaker 3: China controls the Panama Canal, and having heard today from

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Speaker 3: the President of Panama, he decided a hold news conference

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Speaker 3: talk to reporters about this and staid it's simply not true.

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Speaker 3: Jose Raoul Molino says China has no stake in the

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Speaker 3: Panama Canal. What he said, specifically is that these remarks

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Speaker 3: alleging the influence of China in the canal by Donald

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Speaker 3: Trump due to quote geopolitical fears that might be valid

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Speaker 3: from their perspective, but in terms of Panama, have absolutely

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Speaker 3: no veracity.

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Speaker 1: Joe Matthew, the co host of Bloomberg's Balance of Power, Well,

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Speaker 1: one of the big changes that investors will face in

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Speaker 1: twenty twenty five is a Republican majority in Congress as

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Speaker 1: well as the incoming Trump administration. So how might that

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Speaker 1: play out in markets? Sarah Hunt is chief market strategist

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Speaker 1: at Alpine Saxon Woods.

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Speaker 4: Clearly the equity markets took that as a positive signal

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Speaker 4: and in terms of what they think they might get

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Speaker 4: out of a new administration. I think what's happened in

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Speaker 4: the last month is that started to temper a little bit.

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Speaker 4: I think you saw with both the FED becoming more

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Speaker 4: hawkish and the fight over the cr that it might

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Speaker 4: not be so easy to get as much done as

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Speaker 4: people thought they could get done out of the gate.

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Speaker 4: So the question then becomes, how is that going to

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Speaker 4: play out and to what extent do we have to

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Speaker 4: think about that in the way of positioning.

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Speaker 1: Sarah Hunt of Alpine Saxon Woods. Christmas Day was a

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Speaker 1: big day for Netflix and NFL football, with at least

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Speaker 1: sixty five million people tuning in. Bloomberg's Lucasshaw tells us

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Speaker 1: what this means for cable networks.

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Speaker 5: It's potentially bad news for the traditional broadcasters. Right. You know,

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Speaker 5: Amazon has has made the biggest splash in sports of

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Speaker 5: any streaming service. I don't think they look at Netflix

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Speaker 5: as too scary. You know, obviously Netflix is a bigger

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Speaker 5: streaming service, but Amazon has bottomless resources. If it really

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Speaker 5: cares about sports, that could outbid anyone for just about anything.

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Speaker 5: But if you're a CBS, if you're NBC, if you're Fox,

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Speaker 5: if your companies that currently have NFL rights, and Netflix

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Speaker 5: suddenly delivers a bigger audience than you do for the

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Speaker 5: Sunday afternoon game or the Sunday night game, that's worrisome.

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Speaker 1: Bloomberg's Lucashaw, Netflix shares down nine tenths of one percent.

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Speaker 1: Stocks wavered in a quiet post Toddle Day session. Today

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Speaker 1: is mixed. Jobless claims data did little to Walter Betts

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Speaker 1: on the Federal Reserve outlook. Carol Pepper is the CEO

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Speaker 1: of Pepper Internetational. She told us today there are lots

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Speaker 1: of reasons for optimism.

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Speaker 6: I think this is going to be a fantastic year

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Speaker 6: in the markets. First of all, we're still in an

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Speaker 6: election relief rally as far as I'm concerned, because people

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Speaker 6: are very happy the US transitions successfully and we're looking

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Speaker 6: toward a very good twenty twenty five. There's so many

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Speaker 6: family offices. For example, I manage money for family offices

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Speaker 6: with over one hundred million. And believe me, all the

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Speaker 6: five hundred millionaires want to be billionaires this year.

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Speaker 1: Carol Pepper of Pepper International. The SMP today lower little change,

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Speaker 1: down two points, the DAL though up twenty eight points,

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Speaker 1: up one tenth of one percent. Nestack fell ten a

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Speaker 1: decline of one tenth of one percent. And that's news

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Speaker 1: when you want it with Bloomberg News now, I'm Charlie

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Speaker 1: Pendle ten. This is Bloomberg