1 00:00:02,520 --> 00:00:06,880 Speaker 1: Bloomberg Audio Studios, Podcasts, radio News. 2 00:00:09,880 --> 00:00:10,399 Speaker 2: Good morning. 3 00:00:10,440 --> 00:00:12,760 Speaker 3: I'm Nathan Hager and I'm Karen Moscow. 4 00:00:12,880 --> 00:00:15,720 Speaker 1: Here are the stories we're following today, Karen Global. 5 00:00:15,760 --> 00:00:17,720 Speaker 2: Stocks are in rally mode this morning. 6 00:00:17,800 --> 00:00:21,320 Speaker 4: Risk appetite is back after the world's largest tech company 7 00:00:21,400 --> 00:00:24,960 Speaker 4: spurred a stock market bounce on Wall Street. At one 8 00:00:25,000 --> 00:00:28,400 Speaker 4: point yesterday, the Nasdaq was down one point four percent, 9 00:00:28,480 --> 00:00:31,920 Speaker 4: but it closed more than two percent higher. Traders cemented 10 00:00:31,960 --> 00:00:35,280 Speaker 4: bets on a quarter percentage point FED rate cut next 11 00:00:35,320 --> 00:00:39,120 Speaker 4: week after August core inflation came in hotter than expected. 12 00:00:39,200 --> 00:00:43,040 Speaker 4: JP Morgan Asset Management Chief Global Strategist David Kelly says 13 00:00:43,080 --> 00:00:45,160 Speaker 4: it shows there's no need for drastic action. 14 00:00:45,680 --> 00:00:48,000 Speaker 5: I think the Fed must be aware that if they 15 00:00:48,040 --> 00:00:51,800 Speaker 5: go aggressive here, they're in danger of undermining consumer confidence. 16 00:00:51,800 --> 00:00:54,080 Speaker 5: And honestly, the economy is doing exactly what they wanted 17 00:00:54,080 --> 00:00:56,520 Speaker 5: to do. It is settling into a software expansion of 18 00:00:56,600 --> 00:00:59,400 Speaker 5: sower expansion. That's what they want, so they only have 19 00:00:59,480 --> 00:01:02,160 Speaker 5: to they return to normal and interest rates. 20 00:01:02,520 --> 00:01:04,640 Speaker 3: David Kelly at JP Morgan ass Now. 21 00:01:04,680 --> 00:01:07,679 Speaker 4: One region not participating in the equity rally this morning 22 00:01:07,760 --> 00:01:11,120 Speaker 4: is China. Stocks there fell to the lowest since January 23 00:01:11,160 --> 00:01:12,560 Speaker 4: of twenty nineteen. 24 00:01:12,880 --> 00:01:17,080 Speaker 1: Well Nathan, a day after underlying inflation unexpectedly picked up 25 00:01:17,080 --> 00:01:20,319 Speaker 1: in August on higher prices for housing and travel. We 26 00:01:20,400 --> 00:01:23,400 Speaker 1: get another key reading on inflation at eight thirty am 27 00:01:23,440 --> 00:01:26,280 Speaker 1: Wall Street time, we get the latest reading on producer prices. 28 00:01:26,319 --> 00:01:28,720 Speaker 1: We get a preview from Bloomberg's Michael McKee. 29 00:01:28,920 --> 00:01:31,959 Speaker 6: Prices at the factory gate aren't likely to surprise today, 30 00:01:32,000 --> 00:01:34,400 Speaker 6: which means the Fed will remain on track for a 31 00:01:34,520 --> 00:01:37,880 Speaker 6: rate cut next week. Producer prices have been falling faster 32 00:01:37,959 --> 00:01:41,160 Speaker 6: than prices at the consumer level, and the consensus forecast 33 00:01:41,200 --> 00:01:45,160 Speaker 6: is headline PPI will drop below two percent. The CPI 34 00:01:45,480 --> 00:01:47,680 Speaker 6: increased at a two and a half percent annual rate 35 00:01:47,720 --> 00:01:50,720 Speaker 6: in August. That was enough to push market expectations for 36 00:01:50,800 --> 00:01:53,920 Speaker 6: the Fed meeting to a quarter point cut next week. 37 00:01:54,120 --> 00:01:55,560 Speaker 3: Michael McKee Bloomberg Radio. 38 00:01:55,720 --> 00:01:58,280 Speaker 4: Okay, Mike, thanks, and interest rates are in focus overseas 39 00:01:58,400 --> 00:02:00,800 Speaker 4: as well. We get a policy decision from the European 40 00:02:00,880 --> 00:02:03,840 Speaker 4: Central Bank this morning. Let's go to London and get 41 00:02:03,880 --> 00:02:06,480 Speaker 4: the latest from Bloomberg's Ewen Pots Ewen. 42 00:02:06,920 --> 00:02:07,800 Speaker 3: Nathan and Karen Will. 43 00:02:07,840 --> 00:02:10,600 Speaker 7: Traders get more confident the Fed is moving closer to 44 00:02:10,639 --> 00:02:13,400 Speaker 7: a twenty five basis point cut. There's little doubt that's 45 00:02:13,440 --> 00:02:16,720 Speaker 7: what we'll expect today from the European Central Bank. Every 46 00:02:16,760 --> 00:02:19,800 Speaker 7: single economist in the Bloomberg Sir. The ECV will trim 47 00:02:19,880 --> 00:02:22,720 Speaker 7: its deposit rate by a quarter point to three and 48 00:02:22,760 --> 00:02:26,040 Speaker 7: a half percent, the second reduction of the cycle. But 49 00:02:26,120 --> 00:02:29,919 Speaker 7: with services sector wages still rising rapidly, President Christine Leguard 50 00:02:30,080 --> 00:02:32,840 Speaker 7: is expected to remain tight lipped on the pace and 51 00:02:32,960 --> 00:02:34,720 Speaker 7: extent of any further easing. 52 00:02:34,960 --> 00:02:36,800 Speaker 3: In London, I'm Une Pot's Bloomberg Radio. 53 00:02:37,080 --> 00:02:38,960 Speaker 1: All right you and thank you. Now let's turn to 54 00:02:39,000 --> 00:02:42,200 Speaker 1: the latest in the presidential race. Donald Trump and Kamala 55 00:02:42,280 --> 00:02:45,200 Speaker 1: Harris are heading back on the campaign trail after a 56 00:02:45,280 --> 00:02:49,440 Speaker 1: brief pause for September eleventh observances, but the former president 57 00:02:49,520 --> 00:02:52,280 Speaker 1: is casting doubt on whether he wants another debate with 58 00:02:52,320 --> 00:02:55,799 Speaker 1: the vice president after his performance in Philadelphia Tuesday night. 59 00:02:56,040 --> 00:02:58,320 Speaker 8: When a fighter, as a man fight, gets knocked out 60 00:02:58,520 --> 00:03:01,200 Speaker 8: or loses to fight, the first thing, he says this 61 00:03:01,480 --> 00:03:02,359 Speaker 8: we want to rematch. 62 00:03:02,880 --> 00:03:05,520 Speaker 1: Former President Trump says he's leaving the door open to 63 00:03:05,560 --> 00:03:08,480 Speaker 1: a debate on NBC or Fox, but he says it's 64 00:03:08,520 --> 00:03:11,040 Speaker 1: not clear if he wants to. Trump is picking his 65 00:03:11,120 --> 00:03:14,359 Speaker 1: campaign back up today in Tucson, Arizona. 66 00:03:13,680 --> 00:03:16,360 Speaker 4: And Vice President Harris is headed to North Carolina Karen 67 00:03:16,400 --> 00:03:19,799 Speaker 4: for rallies in Charlotte and Greensboro. Her donors and supporters 68 00:03:19,840 --> 00:03:24,240 Speaker 4: are praising her debate performance. Democratic operative Philippe Rnis helped 69 00:03:24,280 --> 00:03:27,840 Speaker 4: Terris prepare for Tuesday night. He says her aggressive performance 70 00:03:28,280 --> 00:03:31,320 Speaker 4: was not in the playbook. It's not an offense defense. 71 00:03:30,880 --> 00:03:33,480 Speaker 1: Thing to making sure that you're getting out the facts, 72 00:03:33,560 --> 00:03:36,960 Speaker 1: which is something that the former president has a problem 73 00:03:36,960 --> 00:03:37,480 Speaker 1: with now. 74 00:03:37,520 --> 00:03:39,680 Speaker 4: The Harris campaign could also get a lift from Taylor 75 00:03:39,720 --> 00:03:42,880 Speaker 4: Swift's endorsement after the pop star told her two hundred 76 00:03:42,880 --> 00:03:45,760 Speaker 4: and eighty three million Instagram followers that she is voting 77 00:03:45,800 --> 00:03:48,680 Speaker 4: for the vice president. More than three hundred thousand people 78 00:03:48,680 --> 00:03:53,160 Speaker 4: clicked on Taylor Swift's link to the government's voter registration website. 79 00:03:53,480 --> 00:03:54,200 Speaker 3: Well, Nathan, we. 80 00:03:54,200 --> 00:03:58,440 Speaker 1: Are counting down to another historic moment for SpaceX. Later 81 00:03:58,480 --> 00:04:01,600 Speaker 1: this hour, Elon Muskspace Company is set to perform the 82 00:04:01,800 --> 00:04:05,720 Speaker 1: first ever privately funded spacewalk. The event was delayed for 83 00:04:05,720 --> 00:04:08,320 Speaker 1: a few hours and no explanation, but at five fifty 84 00:04:08,360 --> 00:04:12,800 Speaker 1: eight am Wall Street Time, tech billionaire Jared Isaacman and 85 00:04:13,080 --> 00:04:16,960 Speaker 1: fellow Polaris Don crew member Sarah Gillis are scheduled to 86 00:04:16,960 --> 00:04:21,279 Speaker 1: step outside their capsule and test SpaceX's newest spacesuits in 87 00:04:21,320 --> 00:04:24,360 Speaker 1: the vacuum of space. This mission has already made history 88 00:04:24,400 --> 00:04:28,560 Speaker 1: as SpaceX's furthest flight ever from Earth. It's orbiting eight 89 00:04:28,680 --> 00:04:32,560 Speaker 1: hundred and seventy miles above the surface, the highest altitude 90 00:04:32,600 --> 00:04:34,680 Speaker 1: since NASA's Apollo Moon missions. 91 00:04:34,839 --> 00:04:37,599 Speaker 4: Well, we keep an eye on that, Karen. We're also 92 00:04:37,760 --> 00:04:41,560 Speaker 4: tracking this back on Earth. Two of Wall Street's largest 93 00:04:41,600 --> 00:04:44,960 Speaker 4: investment banks maybe cutting hours for some workers, and we 94 00:04:45,000 --> 00:04:47,720 Speaker 4: get the details from Bloomberg' Jeff Bellinger in New York. 95 00:04:48,240 --> 00:04:51,880 Speaker 9: Sources say JP Morgan Chase will limit junior banker hours 96 00:04:51,920 --> 00:04:55,640 Speaker 9: to eighty per week in most cases. Exceptions may include 97 00:04:55,640 --> 00:04:59,120 Speaker 9: expert work to complete live deals, and Bank of America 98 00:04:59,240 --> 00:05:02,200 Speaker 9: is launching a new internal platform this month that will 99 00:05:02,200 --> 00:05:06,880 Speaker 9: more closely monitor individual workloads. The moves come amid complaints 100 00:05:06,880 --> 00:05:10,640 Speaker 9: across the industry that weekly hours are increasingly creeping past 101 00:05:10,680 --> 00:05:13,880 Speaker 9: one hundred. Demands on Wall Street's rank and file of 102 00:05:13,920 --> 00:05:17,839 Speaker 9: swelled in recent months, executives erasing to capture an upswing 103 00:05:17,920 --> 00:05:21,359 Speaker 9: in corporate deals, testing promises made by their firms just 104 00:05:21,400 --> 00:05:24,239 Speaker 9: a few years ago to give junior staff more breaks. 105 00:05:24,440 --> 00:05:27,080 Speaker 9: The recent death of a Bank of America associate from 106 00:05:27,080 --> 00:05:29,880 Speaker 9: a heart attack has stirred a debate across the industry 107 00:05:30,160 --> 00:05:34,119 Speaker 9: over whether workloads are too often unhealthy. In New York, 108 00:05:34,240 --> 00:05:36,520 Speaker 9: Jeff Bellinger Bloomberg Radio, All. 109 00:05:36,440 --> 00:05:37,400 Speaker 3: Right, Jeff, thank you well. 110 00:05:37,480 --> 00:05:41,080 Speaker 1: UniCredit CEO Andrea or Sell says a takeover remains a 111 00:05:41,080 --> 00:05:45,640 Speaker 1: possibility regarding a possibility regarding Commerce Bank. He spoke earlier 112 00:05:45,720 --> 00:05:47,960 Speaker 1: this morning with Bloomberg's Francine Lockwall. 113 00:05:48,600 --> 00:05:53,080 Speaker 10: We are Commerce bank largest private shoholders. We have nine percent, 114 00:05:53,800 --> 00:05:56,560 Speaker 10: and we are private shofholders that knows very well how 115 00:05:56,600 --> 00:06:00,400 Speaker 10: much value can be created in running banks, not only 116 00:06:00,440 --> 00:06:02,440 Speaker 10: because of what we've done at UNI Credit, but also 117 00:06:02,440 --> 00:06:05,479 Speaker 10: because of what we've done at HHD, and therefore we 118 00:06:05,520 --> 00:06:08,240 Speaker 10: have a lot of confidence in the value that Commers 119 00:06:08,320 --> 00:06:09,440 Speaker 10: Bank can still create. 120 00:06:10,120 --> 00:06:13,680 Speaker 1: UniCredit CEO Andrew Ursel revealed his bank now on to 121 00:06:13,800 --> 00:06:16,400 Speaker 1: nine percent of Commerce Bank, adding all the shares of 122 00:06:16,400 --> 00:06:19,120 Speaker 1: the German government offered this week to a position it 123 00:06:19,160 --> 00:06:21,159 Speaker 1: had quietly built in the market. 124 00:06:21,360 --> 00:06:23,560 Speaker 4: And Karen another takeover maybe in the works. In the 125 00:06:23,560 --> 00:06:26,720 Speaker 4: grocery aisle, Bloomberg News has learned that General Mills is 126 00:06:26,760 --> 00:06:29,880 Speaker 4: in advanced talks to sell its North American yogurt business 127 00:06:29,960 --> 00:06:32,719 Speaker 4: for more than two billion dollars, source to say the 128 00:06:32,720 --> 00:06:36,640 Speaker 4: firms and discussions to sell its US and Canadian yogurt operations, 129 00:06:36,680 --> 00:06:40,160 Speaker 4: which include the popular yo Play brand, to two French 130 00:06:40,279 --> 00:06:41,159 Speaker 4: dairy companies. 131 00:06:45,040 --> 00:06:45,640 Speaker 11: Time now for a. 132 00:06:45,640 --> 00:06:47,800 Speaker 1: Look at some of the other stories making news in 133 00:06:47,839 --> 00:06:49,680 Speaker 1: New York and around the world, and for that we're 134 00:06:49,720 --> 00:06:51,240 Speaker 1: joined by Bloomberg's John Tucker. 135 00:06:51,320 --> 00:06:52,799 Speaker 11: John, Good Morning, Good. 136 00:06:52,600 --> 00:07:01,200 Speaker 12: Morning, Karen. Hurricane Francine slams southern Louisiana. It made landfall 137 00:07:01,320 --> 00:07:03,839 Speaker 12: near or Morgan City. Is a Category two storm, but 138 00:07:04,080 --> 00:07:07,880 Speaker 12: it's been losing strength ever since and has been downgraded. Still, 139 00:07:07,920 --> 00:07:10,440 Speaker 12: fran Scenes strong enough to do damage to the Crescent 140 00:07:10,480 --> 00:07:13,800 Speaker 12: City and surrounding areas. The big threat now is flooding 141 00:07:13,840 --> 00:07:17,280 Speaker 12: in tornadoes. The timeline for Senate Republicans to find a 142 00:07:17,320 --> 00:07:21,880 Speaker 12: replacement for Mitch McConnell is in flux. Bloomberg Sammy Morris 143 00:07:21,880 --> 00:07:23,080 Speaker 12: reports from Washington. 144 00:07:23,440 --> 00:07:26,960 Speaker 13: Senate Republicans emerged from their closed door meetings split on 145 00:07:27,040 --> 00:07:30,520 Speaker 13: how quickly after the November election to choose a successor 146 00:07:30,560 --> 00:07:33,440 Speaker 13: to McConnell. Now those senators aligned with McConnell want a 147 00:07:33,520 --> 00:07:36,280 Speaker 13: quick decision or they say they risk losing time and 148 00:07:36,360 --> 00:07:39,120 Speaker 13: the lead up to an aggressive agenda, But the caucus's 149 00:07:39,200 --> 00:07:43,200 Speaker 13: more conservative faction wants more time to get potential concessions 150 00:07:43,200 --> 00:07:47,360 Speaker 13: from the eventual leader and potentially organize around another candidate 151 00:07:47,360 --> 00:07:50,200 Speaker 13: if they have to. The decision ultimately lies with Senate 152 00:07:50,240 --> 00:07:54,040 Speaker 13: Republican Conference Chairman John Burrosso of Wyoming, who says those 153 00:07:54,080 --> 00:07:58,400 Speaker 13: secret ballot contests are usually held before Thanksgiving in Washington. 154 00:07:58,400 --> 00:07:59,920 Speaker 13: Amy Morris Bloomberg Radio. 155 00:08:00,120 --> 00:08:02,880 Speaker 12: Three thousand Boeing workers gave a taste of what could 156 00:08:02,880 --> 00:08:08,640 Speaker 12: come if they vote to walk out at midnight. Donald 157 00:08:09,280 --> 00:08:12,600 Speaker 12: Boeing CEO Kelly Orperg says a work stoppage with harm 158 00:08:12,600 --> 00:08:16,800 Speaker 12: efforts to turn around the Planemaker's factories after years of turmoil. 159 00:08:17,240 --> 00:08:19,760 Speaker 12: Nip On Steel mounting a last ditch push to muster 160 00:08:19,840 --> 00:08:23,480 Speaker 12: support for its fourteen billion dollar takeover of US Steel. 161 00:08:23,680 --> 00:08:26,800 Speaker 12: It's a deal opposed by President Biden, Vice President Harris, 162 00:08:26,960 --> 00:08:29,840 Speaker 12: and ex President Donald Trump. Biden and Harris wanted the 163 00:08:29,840 --> 00:08:33,640 Speaker 12: company to remain domestically owned, while Trump has faintly said 164 00:08:33,640 --> 00:08:37,560 Speaker 12: he'd block it. Now the NFL averaged twenty one million 165 00:08:37,640 --> 00:08:40,360 Speaker 12: viewers per game during the league's opening week, making it 166 00:08:40,400 --> 00:08:43,839 Speaker 12: the most watched Week one on record. All told, one 167 00:08:43,880 --> 00:08:46,480 Speaker 12: hundred and twenty three million people saw at least part 168 00:08:46,480 --> 00:08:49,080 Speaker 12: of one game. Global News twenty four hours a day 169 00:08:49,120 --> 00:08:51,240 Speaker 12: and whatever you want it with Bloomberg News Now. I'm 170 00:08:51,320 --> 00:08:53,360 Speaker 12: John Tucker. This is Bloomberg Karen. 171 00:08:53,640 --> 00:09:01,280 Speaker 1: All right, John, thank you, off of the Bloomberg Sports 172 00:09:01,360 --> 00:09:02,760 Speaker 1: Update with John Stanshawer. 173 00:09:02,840 --> 00:09:05,480 Speaker 14: John, Good morning, Good morning, Caring. The Yankees and Royals 174 00:09:05,520 --> 00:09:07,360 Speaker 14: could meet in the postseason. They just had a three 175 00:09:07,360 --> 00:09:09,360 Speaker 14: game series in the Bronx. Yanks won the opener of 176 00:09:09,400 --> 00:09:12,079 Speaker 14: the Royals had a three hit shutout win Tuesday. In 177 00:09:12,120 --> 00:09:14,880 Speaker 14: a great game last night, Juan Soto, who was buried 178 00:09:14,880 --> 00:09:16,800 Speaker 14: in a slump, where a go ahead, two run homer 179 00:09:16,800 --> 00:09:19,000 Speaker 14: sixth inning. The Royals tied the game in the seventh. 180 00:09:19,240 --> 00:09:21,520 Speaker 14: Both teams scored in the tenth without getting a hit. 181 00:09:21,840 --> 00:09:24,079 Speaker 14: The Yanks got the big hit in the eleventh with 182 00:09:24,200 --> 00:09:26,839 Speaker 14: a run of a third. Jazz Chisholm belted one a 183 00:09:26,920 --> 00:09:28,760 Speaker 14: short stop. The throw home was off the mark, and 184 00:09:28,800 --> 00:09:31,040 Speaker 14: the Yanks one four to three. It looked like the 185 00:09:31,080 --> 00:09:33,959 Speaker 14: Mets were going to lose in Toronto, perhaps getting no hit. 186 00:09:34,000 --> 00:09:36,880 Speaker 14: The Blue Jays led one to Nuppi and Boden Francis 187 00:09:37,360 --> 00:09:39,080 Speaker 14: was three outs away from a no hitter. 188 00:09:39,640 --> 00:09:43,480 Speaker 8: Oh two get high in the air deep Brightfield, Gondor 189 00:09:43,600 --> 00:09:47,600 Speaker 8: Swingston Senson out to tie the game and deliver fourt 190 00:09:47,679 --> 00:09:51,640 Speaker 8: break to the Blue Jays. Francisco Lindori and the ninth 191 00:09:51,679 --> 00:09:54,439 Speaker 8: has tied the game up in one, ripping the no 192 00:09:54,640 --> 00:09:57,400 Speaker 8: hitter up in what are The Mets saw the board. 193 00:09:57,440 --> 00:10:00,679 Speaker 14: On w h sq met for hard done five more 194 00:10:00,720 --> 00:10:02,000 Speaker 14: runs of the nine of the three one number by 195 00:10:02,000 --> 00:10:05,200 Speaker 14: Francisco Alvarez, the Mets one six to two. Both New 196 00:10:05,320 --> 00:10:08,600 Speaker 14: York teams also got help elsewhere. There was drama at Fenway. 197 00:10:08,640 --> 00:10:11,199 Speaker 14: The Red Sox beat the Orioles five to three and 198 00:10:11,280 --> 00:10:13,520 Speaker 14: a walk off three run homer tenth inning by Tyler 199 00:10:13,520 --> 00:10:15,920 Speaker 14: O'Neil that puts the Yankees game and a half ahead 200 00:10:15,960 --> 00:10:18,720 Speaker 14: of Baltimore heading into Tonight's Yankee game. With the Red 201 00:10:18,720 --> 00:10:22,120 Speaker 14: Sox Atlanta loss five to one in Washington, the Metro 202 00:10:22,160 --> 00:10:25,000 Speaker 14: now a game ahead of the breeze Week two NFL 203 00:10:25,080 --> 00:10:28,480 Speaker 14: up against tonight in the Afcees Buffalo at Miami. Sunday, 204 00:10:28,960 --> 00:10:32,800 Speaker 14: Cleveland plays Jacksonville, Deshaun Watson will be the Browns quarterback 205 00:10:32,840 --> 00:10:37,520 Speaker 14: of the NFL. Is investigating the latest Watson sexual assault accusation. 206 00:10:37,559 --> 00:10:40,240 Speaker 14: A woman filed a civil suit stemming from an alleged 207 00:10:40,240 --> 00:10:44,400 Speaker 14: incident four years ago. Watson yesterday strongly denied the accusation. 208 00:10:44,480 --> 00:10:48,680 Speaker 14: He already served a lengthy suspension after twenty four previous 209 00:10:48,679 --> 00:10:52,760 Speaker 14: alleged incidents. John Stashette with Bloomberg Sports Darren Nathan. 210 00:10:55,000 --> 00:10:59,160 Speaker 9: Coast to coast on Bloomberg Radio, nationwide on Sirius XM, 211 00:10:59,240 --> 00:11:02,120 Speaker 9: and around the world on Bloomberg dot Com and the 212 00:11:02,200 --> 00:11:03,400 Speaker 9: Bloomberg Business app. 213 00:11:03,679 --> 00:11:05,640 Speaker 2: This is Bloomberg Daybreak. 214 00:11:05,840 --> 00:11:08,640 Speaker 4: Good morning, I'm Nathan Hager, and we are counting down 215 00:11:08,640 --> 00:11:11,959 Speaker 4: to what could be another historic moment for space X. 216 00:11:12,120 --> 00:11:16,200 Speaker 4: Two private astronauts, including a tech billionaire, step outside their 217 00:11:16,240 --> 00:11:21,200 Speaker 4: crew Dragon capsule and perform the first ever civilian spacewalk 218 00:11:21,280 --> 00:11:25,000 Speaker 4: on the SpaceX Polaris non mission. We are joined this 219 00:11:25,120 --> 00:11:31,439 Speaker 4: morning by Bloomberg's aerospace correspondent Kate Duffy. I'm getting goosebumps 220 00:11:31,520 --> 00:11:33,959 Speaker 4: right now. I mean it's almost like a go pro 221 00:11:34,160 --> 00:11:39,400 Speaker 4: camera showing the beauty of planet Earth. More than eight 222 00:11:39,520 --> 00:11:44,320 Speaker 4: hundred miles away. We can hear the SpaceX feed now 223 00:11:44,440 --> 00:11:49,400 Speaker 4: as Jared Isaacman is outside the capsule. 224 00:11:49,480 --> 00:11:52,160 Speaker 3: Let's listen in sure looks like a perfect world. 225 00:11:58,960 --> 00:12:01,280 Speaker 4: You can see the cam looking at the Earth right 226 00:12:01,320 --> 00:12:07,040 Speaker 4: now as we hear Rackus cheers from mission control at SpaceX, 227 00:12:07,080 --> 00:12:10,920 Speaker 4: and you can see now a camera position on the capsule. 228 00:12:11,920 --> 00:12:16,680 Speaker 4: Jared Isaacman is just about halfway out, floating in micro gravity, 229 00:12:17,880 --> 00:12:23,880 Speaker 4: almost completely out of the capsule now just knees deep 230 00:12:23,920 --> 00:12:28,520 Speaker 4: inside the capsule at this point, getting a view like 231 00:12:28,600 --> 00:12:32,920 Speaker 4: no other for human beings in space. The first ever 232 00:12:33,360 --> 00:12:39,320 Speaker 4: private spacewalker, Jared Isaacman, billionaire tech entrepreneur, now outside the 233 00:12:39,360 --> 00:12:43,000 Speaker 4: crew Dragon spacecraft on this Polaristan mission. 234 00:12:43,040 --> 00:12:46,640 Speaker 3: Let's continue listening to the feed watching for r FAM. 235 00:12:53,840 --> 00:12:57,120 Speaker 4: Let's bring back Kay Duffy, our aviation aerospace correspondent for 236 00:12:57,120 --> 00:12:59,320 Speaker 4: Bloomberg News. I'd love to get your thoughts as we 237 00:12:59,360 --> 00:13:02,920 Speaker 4: continue watching this. I mean, clearly I'm excited dealing with 238 00:13:02,960 --> 00:13:05,160 Speaker 4: the goosebumps here. How are you feeling right now, Keith? 239 00:13:06,320 --> 00:13:09,040 Speaker 15: Yeah, I think this is an absolutely incredible moment. You know, 240 00:13:09,080 --> 00:13:12,400 Speaker 15: there's a lot of firsts with this mission, obviously primarily 241 00:13:12,760 --> 00:13:14,599 Speaker 15: being the first commercial spacewalk. 242 00:13:14,960 --> 00:13:17,880 Speaker 11: You know, no other private company has done this before. 243 00:13:18,160 --> 00:13:21,720 Speaker 15: SpaceX is the first, and this is going to just 244 00:13:22,000 --> 00:13:26,280 Speaker 15: completely expand their sort of portfolio. You know, they have 245 00:13:26,440 --> 00:13:29,679 Speaker 15: this sprawling space empire now and clearly you know this. 246 00:13:29,720 --> 00:13:31,920 Speaker 11: Is going to be a part of their portfolio. 247 00:13:32,000 --> 00:13:35,760 Speaker 15: We're not exactly sure what this mission is entirely for 248 00:13:36,200 --> 00:13:39,160 Speaker 15: from a commercial business angle, but what they will do 249 00:13:39,320 --> 00:13:43,040 Speaker 15: is develop it and potentially sell this to customers in 250 00:13:43,080 --> 00:13:44,360 Speaker 15: the future. 251 00:13:44,480 --> 00:13:47,000 Speaker 11: And it goes to show, you know, not only this 252 00:13:47,040 --> 00:13:50,280 Speaker 11: is not just for fully trained NASA astronauts. 253 00:13:50,559 --> 00:13:54,040 Speaker 15: These are you know, civilians who who have come into 254 00:13:54,080 --> 00:13:57,760 Speaker 15: the space industry, and it just opens doors for the 255 00:13:57,800 --> 00:14:02,040 Speaker 15: commercial space sector even wide. 256 00:14:03,559 --> 00:14:05,400 Speaker 4: Just pausing so we could hear a little bit more 257 00:14:05,480 --> 00:14:08,800 Speaker 4: of what Jared Isaacmin may have to say to mission 258 00:14:08,840 --> 00:14:15,360 Speaker 4: control down below. And he hasn't fully gone out of 259 00:14:15,400 --> 00:14:16,439 Speaker 4: the spacecraft. 260 00:14:16,840 --> 00:14:19,040 Speaker 2: He's still got legs inside. 261 00:14:18,559 --> 00:14:20,040 Speaker 8: Transition over to a vertical. 262 00:14:22,400 --> 00:14:25,080 Speaker 4: The spacewalks expected to last something like fifteen to twenty 263 00:14:25,080 --> 00:14:27,760 Speaker 4: minutes according to SpaceX. Kate, are we expecting that he 264 00:14:27,840 --> 00:14:31,440 Speaker 4: is going to be fully outside the spacecraft before Sarah 265 00:14:31,440 --> 00:14:32,480 Speaker 4: Gillis gets her turn. 266 00:14:34,000 --> 00:14:35,040 Speaker 11: I'm not quite sure. 267 00:14:35,960 --> 00:14:39,680 Speaker 15: It hasn't actually specified that on the timeline it does 268 00:14:39,720 --> 00:14:44,960 Speaker 15: say exit, so I would expect so. But yeah, as 269 00:14:45,000 --> 00:14:48,040 Speaker 15: I say, this is for you know, testing the spacesuits. 270 00:14:49,520 --> 00:14:54,520 Speaker 11: Mobile sign that's going on there on the live feed, and. 271 00:14:54,480 --> 00:15:02,320 Speaker 2: It's gone silent. Oh no, it hasn't. Just listening a. 272 00:15:02,280 --> 00:15:04,720 Speaker 3: Little bit more to well start live video stand by one. 273 00:15:06,400 --> 00:15:08,760 Speaker 4: Yeah, as Mission control said, they've lost live video. We're 274 00:15:08,760 --> 00:15:13,560 Speaker 4: seeing pictures now of the four astronauts in publicity photos 275 00:15:13,920 --> 00:15:17,240 Speaker 4: for lack of a better term, and computerized image of 276 00:15:17,320 --> 00:15:20,760 Speaker 4: the Crew Dragon capsule in relation to the Earth surface. 277 00:15:20,760 --> 00:15:25,160 Speaker 4: But moments ago we did see Jared Isaacman not quite 278 00:15:25,200 --> 00:15:29,640 Speaker 4: stepping outside the capsule, but about halfway out of Crew 279 00:15:29,760 --> 00:15:35,400 Speaker 4: Dragon testing that spacesuit, and apparently that test going off 280 00:15:35,560 --> 00:15:38,480 Speaker 4: without a hitch. At least at this point the suits 281 00:15:38,520 --> 00:15:40,440 Speaker 4: have been exposed to the vacuum of space. You can 282 00:15:40,440 --> 00:15:44,160 Speaker 4: clearly hear behind me Jared Isaacman, the billionaire tech entrepreneur 283 00:15:44,200 --> 00:15:48,320 Speaker 4: who has funded this mission, talking to mission control about 284 00:15:49,360 --> 00:15:51,920 Speaker 4: what he's experiencing, what he is seeing. As we continue 285 00:15:52,440 --> 00:15:55,680 Speaker 4: watching the feet of Crew Dragon, you can see Jared Isaacman. 286 00:15:55,760 --> 00:16:00,000 Speaker 4: The back of Jared Isaacman gazing at Earth more than 287 00:16:00,080 --> 00:16:03,320 Speaker 4: eight hundred miles below. As we continue to monitor this. 288 00:16:03,760 --> 00:16:07,760 Speaker 4: Kate Duffy of Bloomberg News is still with us. What 289 00:16:07,840 --> 00:16:13,600 Speaker 4: more are we expecting? What kinds of tests could we 290 00:16:13,680 --> 00:16:16,000 Speaker 4: see as this mission unfolds. 291 00:16:17,440 --> 00:16:22,440 Speaker 15: So the spacewalk them should last about fifteen to twenty minutes, 292 00:16:22,920 --> 00:16:26,440 Speaker 15: So what we're expecting now is Jared to come a 293 00:16:26,480 --> 00:16:29,480 Speaker 15: little bit further out of the spacecraft, which is actually 294 00:16:29,520 --> 00:16:33,480 Speaker 15: what we're seeing right now, and after that time is up, 295 00:16:33,520 --> 00:16:37,400 Speaker 15: he will well, he's expected to go back inside the spacecraft, 296 00:16:37,440 --> 00:16:41,280 Speaker 15: return to his seat, and then his other crew member 297 00:16:41,320 --> 00:16:44,400 Speaker 15: will come out of the spacecraft and do a similar 298 00:16:44,720 --> 00:16:46,640 Speaker 15: you know, spacewalk to what he's just done. 299 00:16:47,800 --> 00:16:51,400 Speaker 11: And you know that this will take time. This is 300 00:16:51,400 --> 00:16:52,880 Speaker 11: obviously the first time they've done it. 301 00:16:53,200 --> 00:16:56,400 Speaker 15: They don't want to take any risks with this. You know, 302 00:16:57,480 --> 00:17:01,160 Speaker 15: it's a very high risk mission. It's dangerous one too, 303 00:17:01,280 --> 00:17:04,800 Speaker 15: and you know a lot can go wrong. But it 304 00:17:04,840 --> 00:17:07,360 Speaker 15: looks as if everything's going okay so far. 305 00:17:07,560 --> 00:17:08,879 Speaker 11: We're having positive. 306 00:17:08,520 --> 00:17:11,720 Speaker 15: Updates from SpaceX, so it seems all as long to return. 307 00:17:11,400 --> 00:17:12,840 Speaker 2: It, and we can see the feed. 308 00:17:13,040 --> 00:17:14,960 Speaker 4: As I've been mentioning, it looks as though there are 309 00:17:14,960 --> 00:17:20,200 Speaker 4: some steps that he's stepping on, almost like a ladder. 310 00:17:20,560 --> 00:17:23,400 Speaker 4: Before he comes fully out of the capsule. You can 311 00:17:23,440 --> 00:17:28,400 Speaker 4: see his tether attached close to his hip as he's 312 00:17:29,960 --> 00:17:34,560 Speaker 4: taking basking in the view and a quote that could 313 00:17:34,640 --> 00:17:38,120 Speaker 4: rank with Neil Armstrong's One Small Step for Man when 314 00:17:38,400 --> 00:17:40,200 Speaker 4: he became the first man to land on the Moon 315 00:17:40,600 --> 00:17:43,080 Speaker 4: in nineteen sixty nine. He said, back at home, we 316 00:17:43,160 --> 00:17:44,800 Speaker 4: have a lot of work to do, but from here 317 00:17:45,440 --> 00:17:49,440 Speaker 4: it looks like a perfect world. As we continue watching this, 318 00:17:50,080 --> 00:17:54,359 Speaker 4: Kate your thoughts as this mission continues, what more are 319 00:17:54,359 --> 00:17:57,080 Speaker 4: we expecting over the next couple of hours here, Because, 320 00:17:57,680 --> 00:18:01,280 Speaker 4: as we've been saying, this spacewalk is expected to last 321 00:18:01,280 --> 00:18:02,200 Speaker 4: something like two hours. 322 00:18:03,359 --> 00:18:05,520 Speaker 15: Yeah, that's right, it is expected to last a couple 323 00:18:05,560 --> 00:18:06,120 Speaker 15: of hours. 324 00:18:06,760 --> 00:18:09,000 Speaker 11: So we are about i'd. 325 00:18:08,840 --> 00:18:12,080 Speaker 15: Say an hour into it now. It started literally an 326 00:18:12,080 --> 00:18:15,879 Speaker 15: hour ago to the minute. So we will continue watching. 327 00:18:16,880 --> 00:18:20,320 Speaker 15: This will take time. You know, we're expecting Jared to 328 00:18:20,320 --> 00:18:23,000 Speaker 15: finish his spacewalk and then for his other crew member 329 00:18:23,040 --> 00:18:25,439 Speaker 15: to come out, and then she'll go back in and 330 00:18:25,480 --> 00:18:27,840 Speaker 15: then they'll do everything like the repressurization. 331 00:18:28,320 --> 00:18:29,440 Speaker 11: They'll do a cabin. 332 00:18:29,200 --> 00:18:34,960 Speaker 15: League check, another repressurization, and just returning to normal and eventually, 333 00:18:35,040 --> 00:18:37,480 Speaker 15: you know, once the mission ends, they'll come out of 334 00:18:37,520 --> 00:18:38,600 Speaker 15: these new space suits. 335 00:18:40,800 --> 00:18:44,439 Speaker 4: Kay Duffy of Bloomberg News, our aerospace correspondent, thanks for 336 00:18:44,520 --> 00:18:48,919 Speaker 4: the expert analysis. As we continue to watch Paul Ariis 337 00:18:49,000 --> 00:18:55,440 Speaker 4: Dawn unfold, a successful first ever private spacewalk for SpaceX, 338 00:18:55,520 --> 00:19:00,359 Speaker 4: another milestone in the private space race, and Elon Musk 339 00:19:00,400 --> 00:19:03,000 Speaker 4: Space Company leading the way with the first ever We're 340 00:19:03,080 --> 00:19:08,720 Speaker 4: commercial space walk. This is Bloomberg Daybreak today, your morning 341 00:19:08,760 --> 00:19:11,359 Speaker 4: brief on the stories making news from Wall Street to 342 00:19:11,600 --> 00:19:15,200 Speaker 4: Washington and beyond. 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