1
00:00:02,400 --> 00:00:03,000
Speaker 1: Good morning.

2
00:00:03,120 --> 00:00:05,880
Speaker 2: I'm Brian Curtis and I'm Doug Prisner. Here are the

3
00:00:05,920 --> 00:00:08,320
Speaker 2: stories we're following today.

4
00:00:09,480 --> 00:00:13,280
Speaker 1: Will New Hampshire crown Donald Trump or will Nicky Haley

5
00:00:13,360 --> 00:00:16,079
Speaker 1: find a path to close the gap? Let's get Ed

6
00:00:16,120 --> 00:00:18,480
Speaker 1: Baxter in the nine sixty news room in San Francisco

7
00:00:18,560 --> 00:00:19,680
Speaker 1: for that and more.

8
00:00:19,960 --> 00:00:22,959
Speaker 3: Ed, Yeah, thank you. Sounds like you were weaving a

9
00:00:23,040 --> 00:00:26,720
Speaker 3: mystery tale there. All eyes Brian, Pointing to tomorrow's primary,

10
00:00:26,760 --> 00:00:30,960
Speaker 3: the Haley campaign is tamping down some expectations or campaign share.

11
00:00:31,200 --> 00:00:34,879
Speaker 3: New Hampshire Governor Chris Snudho says it is not a

12
00:00:35,000 --> 00:00:35,480
Speaker 3: must win.

13
00:00:35,560 --> 00:00:37,120
Speaker 4: Nicky is the one that's been surging. She had a

14
00:00:37,200 --> 00:00:39,919
Speaker 4: very good showing in Iowa right now, the I think

15
00:00:40,000 --> 00:00:41,760
Speaker 4: she just has to show that she's building on that here.

16
00:00:41,800 --> 00:00:43,800
Speaker 4: If she can win, that'd be amazing, right. It doesn't

17
00:00:43,840 --> 00:00:46,879
Speaker 4: have to happen carry that kind of momentum into South Carolina,

18
00:00:46,880 --> 00:00:47,680
Speaker 4: into her home state.

19
00:00:47,920 --> 00:00:48,080
Speaker 5: Bye.

20
00:00:48,080 --> 00:00:50,440
Speaker 3: Bloomberg's Katie Lyons says the message is very clear.

21
00:00:50,520 --> 00:00:52,880
Speaker 6: He thinks Nicki Haley still could have a chance. That said,

22
00:00:52,920 --> 00:00:55,560
Speaker 6: he and even Nicki Haley herself are starting to set

23
00:00:55,600 --> 00:00:58,120
Speaker 6: the bar lower for her as we actually approach primary

24
00:00:58,200 --> 00:01:01,120
Speaker 6: day tomorrow. He's suggesting that i on second place, showing

25
00:01:01,160 --> 00:01:04,320
Speaker 6: something better than Iowa will be enough momentum to carry

26
00:01:04,360 --> 00:01:06,959
Speaker 6: her forward in this race towards South Carolina, for example,

27
00:01:07,000 --> 00:01:08,679
Speaker 6: which she as is her home state where she served

28
00:01:08,680 --> 00:01:10,960
Speaker 6: as governor. Yet she is still pulling even farther below

29
00:01:11,000 --> 00:01:11,760
Speaker 6: him there.

30
00:01:11,680 --> 00:01:14,120
Speaker 3: And the latest polling this morning has her trailing Donald

31
00:01:14,120 --> 00:01:17,800
Speaker 3: Trump by nineteen points. But turnout is a big question.

32
00:01:17,959 --> 00:01:21,040
Speaker 3: Independents have pulled very strongly toward Haley. We will have

33
00:01:21,120 --> 00:01:24,240
Speaker 3: full coverage tomorrow. US and UK have carried out air

34
00:01:24,280 --> 00:01:27,240
Speaker 3: strikes against eight Hoothy targets and Yemen. Today. They struck

35
00:01:27,480 --> 00:01:30,720
Speaker 3: an underground storage site that was used for missile and

36
00:01:30,760 --> 00:01:34,160
Speaker 3: surveillance capabilities. The US is saying the hits have removed

37
00:01:34,200 --> 00:01:39,240
Speaker 3: significant Hoothy strike capabilities. The lines between US and Israel

38
00:01:39,280 --> 00:01:42,160
Speaker 3: growing more stark today as and I see official John

39
00:01:42,240 --> 00:01:44,600
Speaker 3: Kirby calls on Israel to be forthcoming with a full

40
00:01:44,640 --> 00:01:47,919
Speaker 3: investigation of the death of a seventeen year old Palestinian

41
00:01:47,960 --> 00:01:49,320
Speaker 3: American on the West Bank.

42
00:01:49,480 --> 00:01:53,080
Speaker 7: We call on Israel to conduct a full, borough transparent

43
00:01:53,640 --> 00:01:57,520
Speaker 7: investigation into his killing, and of course we have every

44
00:01:57,600 --> 00:02:01,520
Speaker 7: expectation that those that those responsible for it will be

45
00:02:01,560 --> 00:02:02,520
Speaker 7: held properly accountable.

46
00:02:02,760 --> 00:02:05,600
Speaker 3: Kirby says Israel needs to be honest with the US.

47
00:02:05,960 --> 00:02:10,000
Speaker 3: EU's foreign policy chief, Joseph Borrow, says Israel's bombardment of

48
00:02:10,040 --> 00:02:12,760
Speaker 3: Gaza is failing to root out Hamas and is seating

49
00:02:12,800 --> 00:02:16,600
Speaker 3: hate for years to come. Elon Musk today, addressing criticisms

50
00:02:16,600 --> 00:02:20,079
Speaker 3: that he is anti Semitic, as well as that the

51
00:02:20,280 --> 00:02:23,400
Speaker 3: X platform allows hate speech, he says not so both

52
00:02:23,840 --> 00:02:27,720
Speaker 3: this at the European Jewish Association in krackhow Poland now.

53
00:02:27,840 --> 00:02:30,920
Speaker 3: Musk says it allows freedom of speech X does, and

54
00:02:31,000 --> 00:02:34,320
Speaker 3: that there are safeguards against falsehoods.

55
00:02:35,320 --> 00:02:38,320
Speaker 5: Maximum resources and attention behind community notes.

56
00:02:38,560 --> 00:02:42,000
Speaker 7: So if somebody tries to push a falsehood like Holocaust.

57
00:02:41,480 --> 00:02:44,280
Speaker 6: Denial or something like that, they can immediately be corrected

58
00:02:45,120 --> 00:02:46,640
Speaker 6: and you can't get rid of the tag.

59
00:02:47,560 --> 00:02:48,480
Speaker 7: It's like stuck on you.

60
00:02:48,960 --> 00:02:52,320
Speaker 3: And Musk says two thirds of his friends are Jewish.

61
00:02:52,880 --> 00:02:55,560
Speaker 3: A split US Supreme Court has ruled the Biden administration

62
00:02:55,720 --> 00:02:58,239
Speaker 3: can remove parts of a fence along the southern border

63
00:02:58,280 --> 00:03:03,600
Speaker 3: built by Texas to immigration and a magnitude seven point

64
00:03:03,600 --> 00:03:06,240
Speaker 3: one earthquake struck a remote part of China's western shan

65
00:03:06,280 --> 00:03:11,160
Speaker 3: Shang region early today, Shinwa saying no immediate reports of

66
00:03:11,240 --> 00:03:14,600
Speaker 3: damage or fatalities. Global news twenty four hours a day,

67
00:03:14,600 --> 00:03:18,000
Speaker 3: and whatever you want with Bloomberg News now in San Francisco,

68
00:03:18,080 --> 00:03:21,560
Speaker 3: I'm at Baxter and this is Bloomberg. All right, BC, all.

69
00:03:21,520 --> 00:03:22,320
Speaker 1: Right, thanks very much.

70
00:03:22,480 --> 00:03:22,560
Speaker 8: Ed.

71
00:03:22,560 --> 00:03:25,240
Speaker 1: I'm Brian Curtis along with Doug Christner and Doug you know,

72
00:03:25,240 --> 00:03:27,840
Speaker 1: I just saw a headline passing on the Bloomberg terminal

73
00:03:27,880 --> 00:03:32,280
Speaker 1: that Toyota Motor has passed ten cent to become Asia's

74
00:03:32,320 --> 00:03:35,360
Speaker 1: third largest stock And boy, doesn't that say a lot

75
00:03:35,640 --> 00:03:38,480
Speaker 1: about the difference between what we've seen with the Tokyo

76
00:03:38,480 --> 00:03:41,520
Speaker 1: stock market and with Hong Kong. And we'll get to

77
00:03:41,560 --> 00:03:44,040
Speaker 1: a little bit more coverage on this in a few moments,

78
00:03:44,040 --> 00:03:46,520
Speaker 1: but while we're talking about Japan, the Bank of Japan

79
00:03:47,000 --> 00:03:50,600
Speaker 1: will probably hold policy unchanged at its meeting today. We

80
00:03:50,640 --> 00:03:53,400
Speaker 1: get more from Bloomberg Steven Engel in Tokyo.

81
00:03:53,240 --> 00:03:55,240
Speaker 8: They're just being cautious because they want more of a

82
00:03:55,320 --> 00:03:58,920
Speaker 8: virtuous cycle in the economy and in inflation and in

83
00:03:58,960 --> 00:04:02,520
Speaker 8: particular wage gains. And keep in mind in March is

84
00:04:02,560 --> 00:04:07,480
Speaker 8: the beginning of negotiations between unions and companies on wage hikes,

85
00:04:07,840 --> 00:04:12,200
Speaker 8: and if we can see higher wage gains in those negotiations,

86
00:04:12,400 --> 00:04:14,720
Speaker 8: more than the hikes that we saw last year, that

87
00:04:14,800 --> 00:04:18,040
Speaker 8: will help set up the conditions that Governor Yuida has

88
00:04:18,120 --> 00:04:21,839
Speaker 8: sort of set for exiting the negative rates, but also

89
00:04:21,920 --> 00:04:23,039
Speaker 8: the yield curve control.

90
00:04:23,960 --> 00:04:26,919
Speaker 1: Bloomberg Steven Engel, and we had this from the NIK

91
00:04:27,080 --> 00:04:29,720
Speaker 1: newspaper this morning that the Bank of Japan is set

92
00:04:29,800 --> 00:04:33,000
Speaker 1: to revise its price outlook through fiscal twenty twenty five,

93
00:04:33,360 --> 00:04:36,279
Speaker 1: so bringing those prices down his expectations for this year

94
00:04:36,560 --> 00:04:40,040
Speaker 1: and also next year. And there's a big broad suggestion

95
00:04:40,200 --> 00:04:43,600
Speaker 1: on that DOUG that the bojces waning inflation.

96
00:04:44,160 --> 00:04:45,839
Speaker 2: Yeah, I think we have to wait for some of

97
00:04:45,880 --> 00:04:49,159
Speaker 2: these wage negotiations, but they don't get under way until March.

98
00:04:49,240 --> 00:04:51,080
Speaker 2: So the issue is whether or not the BOJ would

99
00:04:51,080 --> 00:04:55,279
Speaker 2: even want to begin to be preemptive ahead of those negotiations.

100
00:04:55,440 --> 00:04:58,800
Speaker 2: So we moved from Japan to China and Premier Lee

101
00:04:58,880 --> 00:05:03,000
Speaker 2: Cheung he's calling for more forceful measures now to stabilize

102
00:05:03,040 --> 00:05:05,719
Speaker 2: the Chinese equity market. We have this from Bloomberg's Juan

103
00:05:05,839 --> 00:05:06,760
Speaker 2: Wong in Hong Kong.

104
00:05:07,240 --> 00:05:11,120
Speaker 9: Lee wants to rebuild investor confidence China spenchbark CSI three

105
00:05:11,200 --> 00:05:14,600
Speaker 9: hundred head of five year low in Monday trading. Beijing's

106
00:05:14,600 --> 00:05:18,240
Speaker 9: policy response so far has failed to impress investors. They've

107
00:05:18,240 --> 00:05:21,479
Speaker 9: been hoping for easier monetary conditions or a big lift

108
00:05:21,480 --> 00:05:25,120
Speaker 9: and fiscal stimulus. Yesterday, the State Council received a briefing

109
00:05:25,240 --> 00:05:29,000
Speaker 9: on capital market operations, but no details have emerged on

110
00:05:29,040 --> 00:05:32,560
Speaker 9: whatever fixes are being planned in Hong Kong. Joanne Wang,

111
00:05:32,560 --> 00:05:33,360
Speaker 9: Bloomberg Radio.

112
00:05:33,440 --> 00:05:35,279
Speaker 2: You know, it's interesting, Brian. I saw a piece on

113
00:05:35,279 --> 00:05:38,040
Speaker 2: the Bloomberg terminal today the head of investment strategy over

114
00:05:38,080 --> 00:05:42,520
Speaker 2: at bny Melon Wealth Management, she is Alisha Levine, and

115
00:05:42,600 --> 00:05:46,120
Speaker 2: she was saying that bn y Melon is pulling clients

116
00:05:46,160 --> 00:05:48,680
Speaker 2: out of China, and their concern here is that the

117
00:05:48,800 --> 00:05:52,760
Speaker 2: Communist Party has too much influence on corporations. That's really

118
00:05:52,760 --> 00:05:55,640
Speaker 2: not new news. But what may be driving a lot

119
00:05:55,640 --> 00:05:58,000
Speaker 2: of the decision making is just this route that we

120
00:05:58,080 --> 00:06:01,040
Speaker 2: have seen in the equity market and in Hong Kong

121
00:06:01,080 --> 00:06:01,480
Speaker 2: as well.

122
00:06:01,960 --> 00:06:03,800
Speaker 1: Yes, I think that's a very big part of it.

123
00:06:03,920 --> 00:06:06,200
Speaker 1: And you know, if you were listening to Odd Lots earlier,

124
00:06:06,200 --> 00:06:09,400
Speaker 1: you had commentary there that China doesn't really care that

125
00:06:09,480 --> 00:06:12,839
Speaker 1: much about the financial markets. And well, here we just

126
00:06:12,880 --> 00:06:15,920
Speaker 1: reported that Premier Lee Cheung is talking about needing more

127
00:06:16,000 --> 00:06:18,520
Speaker 1: forceful measures, but it's also telling Doug that we had

128
00:06:18,560 --> 00:06:21,279
Speaker 1: no details from that. The State Council looked at the

129
00:06:21,279 --> 00:06:24,360
Speaker 1: capital markets, analyzed it. We had those comments from Li Chang,

130
00:06:24,640 --> 00:06:29,360
Speaker 1: but they still they want the market to be selling

131
00:06:29,440 --> 00:06:32,200
Speaker 1: China for them, but they're not able to achieve it

132
00:06:32,240 --> 00:06:34,920
Speaker 1: through some of the measures that they've enacted. And also

133
00:06:34,960 --> 00:06:38,080
Speaker 1: there's another story that I'll report on in more detail

134
00:06:38,120 --> 00:06:39,800
Speaker 1: later when we get to the media review, and this

135
00:06:39,880 --> 00:06:43,360
Speaker 1: is an interesting one. China's ambassador to the Netherlands has

136
00:06:43,400 --> 00:06:46,839
Speaker 1: told a Dutch newspaper that Beijing might retaliate against the

137
00:06:46,960 --> 00:06:51,080
Speaker 1: US for its policy on ships. And what's interesting about

138
00:06:51,080 --> 00:06:55,400
Speaker 1: this is that the ambassador Tanjin was trying to seduce

139
00:06:55,440 --> 00:06:58,040
Speaker 1: the European Union. He was saying that the EU can

140
00:06:58,120 --> 00:07:02,880
Speaker 1: avoid getting swept up in China's response in essence, if

141
00:07:02,880 --> 00:07:05,520
Speaker 1: it plays ball. And so that's a very interesting story

142
00:07:05,520 --> 00:07:07,920
Speaker 1: that we'll take a closer look at a little bit later.

143
00:07:08,160 --> 00:07:08,360
Speaker 5: Now.

144
00:07:08,360 --> 00:07:12,280
Speaker 1: You mentioned earlier that Archie Daniels Midland had cut its

145
00:07:12,280 --> 00:07:14,720
Speaker 1: earnings out look, and the stock was down twenty four

146
00:07:14,800 --> 00:07:17,360
Speaker 1: percent today, that's the most on record. Let's take a

147
00:07:17,400 --> 00:07:20,760
Speaker 1: closer look. This is pending an investigation into the company's

148
00:07:20,840 --> 00:07:23,720
Speaker 1: accounting practices. Bloomberg Simon Casey with more.

149
00:07:24,000 --> 00:07:25,960
Speaker 5: They've been trying to grow this business, but they kind

150
00:07:25,960 --> 00:07:27,720
Speaker 5: of hit a bit of a wall. It hasn't really

151
00:07:27,760 --> 00:07:31,920
Speaker 5: fulfilled the highest expectations. With that background in mind, then

152
00:07:31,880 --> 00:07:35,120
Speaker 5: and said yesterday we've suspended the CFO. We are looking

153
00:07:35,160 --> 00:07:38,040
Speaker 5: specifically at this unit, not the trading business or the

154
00:07:38,040 --> 00:07:41,800
Speaker 5: cool business, but this ingredients unit. It's called and inter

155
00:07:42,080 --> 00:07:47,520
Speaker 5: segment transactions, which suggests transactions between the nutrition's units and

156
00:07:47,560 --> 00:07:48,560
Speaker 5: other parts of the business.

157
00:07:48,840 --> 00:07:51,760
Speaker 1: Again, the worst day ever for ADM. The shares down

158
00:07:51,920 --> 00:07:52,920
Speaker 1: twenty four percent.

159
00:07:53,920 --> 00:07:55,840
Speaker 2: All right, let's bring in to Michael Sheppard. He is

160
00:07:55,880 --> 00:07:58,360
Speaker 2: a Bloomberg executive editor. We're going to be taking a

161
00:07:58,400 --> 00:08:03,160
Speaker 2: look at what's happening tomorrow in New Hampshire, the GOP primary.

162
00:08:03,800 --> 00:08:06,560
Speaker 2: Michael is reporting from on the ground in New Hampshire.

163
00:08:06,600 --> 00:08:09,440
Speaker 2: Thanks for joining us. It's all over, but the trumpets?

164
00:08:09,440 --> 00:08:10,960
Speaker 2: Can I say that and get away with it?

165
00:08:11,480 --> 00:08:13,880
Speaker 10: You know? I never like to make a prediction or

166
00:08:13,920 --> 00:08:16,080
Speaker 10: say it's over until it really is over it and

167
00:08:16,080 --> 00:08:20,120
Speaker 10: we get the votes counted. New Hampshire's famous for surprises,

168
00:08:20,400 --> 00:08:23,320
Speaker 10: and yet I think that we are heading toward what

169
00:08:23,440 --> 00:08:27,000
Speaker 10: could be another Trump victory based on the polling that

170
00:08:27,040 --> 00:08:30,720
Speaker 10: we're seeing ahead of the actual primary kicking off in

171
00:08:30,760 --> 00:08:32,000
Speaker 10: a couple of hours.

172
00:08:32,800 --> 00:08:35,760
Speaker 1: Michael Trump is obviously is sort of the leader of

173
00:08:35,760 --> 00:08:38,959
Speaker 1: the pack when it comes to America. First thinky Haley

174
00:08:39,040 --> 00:08:40,600
Speaker 1: is a bit more of a globalist. So when we

175
00:08:40,640 --> 00:08:43,680
Speaker 1: look at an issue like immigration, we heard in Iowa

176
00:08:43,720 --> 00:08:48,200
Speaker 1: that this was one of the top issues. Immigration obviously

177
00:08:48,280 --> 00:08:50,960
Speaker 1: a very big story for the southern United States. But

178
00:08:51,200 --> 00:08:53,640
Speaker 1: does it really resonate in New Hampshire.

179
00:08:54,120 --> 00:08:57,520
Speaker 10: Well, it's not resonating quite as much in New Hampshire,

180
00:08:57,520 --> 00:08:59,719
Speaker 10: though I wouldn't say it's as zero factor. I will

181
00:08:59,760 --> 00:09:02,200
Speaker 10: tell you that when we were in Iowa, which is

182
00:09:02,520 --> 00:09:06,600
Speaker 10: about one thousand miles from the US border with Mexico,

183
00:09:07,400 --> 00:09:10,520
Speaker 10: it was very strong as an issue. Every voter that

184
00:09:10,559 --> 00:09:13,720
Speaker 10: we talked to a number of events brought it up

185
00:09:13,760 --> 00:09:16,880
Speaker 10: as something that was even more important to them, really

186
00:09:16,920 --> 00:09:20,720
Speaker 10: than the economy, which they recognize mattered, but the border.

187
00:09:20,760 --> 00:09:23,680
Speaker 10: It was border, border, border, We have to do something

188
00:09:23,960 --> 00:09:25,720
Speaker 10: here a little bit less so, and I think that's

189
00:09:25,760 --> 00:09:29,920
Speaker 10: in part because we see a more moderate, more independent

190
00:09:30,120 --> 00:09:32,480
Speaker 10: mix of voters here in New Hampshire than we do

191
00:09:32,720 --> 00:09:33,480
Speaker 10: in Iowa.

192
00:09:33,760 --> 00:09:36,439
Speaker 2: That's because this is an open primary, so independents can

193
00:09:36,640 --> 00:09:39,640
Speaker 2: vote tomorrow. But I'm curious about how the GOP within

194
00:09:39,720 --> 00:09:42,760
Speaker 2: New Hampshire has changed. I mean, I think of Sununu,

195
00:09:42,880 --> 00:09:45,800
Speaker 2: I think of more of the establishment wing on one hand,

196
00:09:45,840 --> 00:09:49,720
Speaker 2: but we know that former President Trump has essentially remade

197
00:09:49,800 --> 00:09:52,440
Speaker 2: the Republican Party in his image. I mean, how does

198
00:09:52,480 --> 00:09:55,160
Speaker 2: it break out when you just look at the Republican

199
00:09:55,200 --> 00:09:56,880
Speaker 2: Party in New Hampshire these days.

200
00:09:57,320 --> 00:09:59,320
Speaker 10: Well, it's a good question. We've been talking to a

201
00:09:59,360 --> 00:10:02,520
Speaker 10: lot of low Republican officials, including the head of the

202
00:10:02,960 --> 00:10:06,040
Speaker 10: state Republican Party, and we interviewed, of course, Governor Chris

203
00:10:06,080 --> 00:10:11,199
Speaker 10: Sanunu on Bloomberg Television yesterday. The key theme that emerged

204
00:10:11,440 --> 00:10:15,520
Speaker 10: is that the popularity of somebody elect Christanna, who really

205
00:10:15,520 --> 00:10:18,880
Speaker 10: connects to the retail level, knows just about every voter

206
00:10:18,960 --> 00:10:21,960
Speaker 10: in the state, it seems, and is welcomed in every

207
00:10:22,040 --> 00:10:26,360
Speaker 10: coffee shop and diner you know, from from the shore

208
00:10:26,440 --> 00:10:29,840
Speaker 10: to the mountains. That has a different sort of residence

209
00:10:30,360 --> 00:10:32,040
Speaker 10: than the people who are trying to vote at the

210
00:10:32,120 --> 00:10:35,760
Speaker 10: national level. For Trump, and so both things can be

211
00:10:35,920 --> 00:10:39,320
Speaker 10: true in a way. The state, remember in the general

212
00:10:39,360 --> 00:10:43,960
Speaker 10: election almost four years ago, they went for President Joe Biden.

213
00:10:44,400 --> 00:10:48,120
Speaker 10: They voted for Joe Biden, but they also elected Chris Sinunu.

214
00:10:48,640 --> 00:10:51,600
Speaker 10: So at the same time, at the primary level, you

215
00:10:51,679 --> 00:10:56,240
Speaker 10: will see Republican voters more likely to turn out for Trump.

216
00:10:56,520 --> 00:11:00,679
Speaker 10: He has won his two primaries here in twenty sixteen

217
00:11:00,760 --> 00:11:03,040
Speaker 10: and in twenty twenty when he faced an upstart challenge

218
00:11:03,040 --> 00:11:06,120
Speaker 10: from the former mess Tussetts governor, and he has spent

219
00:11:06,320 --> 00:11:09,880
Speaker 10: all that time over the eight years building a network

220
00:11:09,920 --> 00:11:12,840
Speaker 10: here and as much message does have some residence.

221
00:11:13,440 --> 00:11:16,040
Speaker 1: For Nikki Haley, let's say she closes the gap a

222
00:11:16,040 --> 00:11:19,360
Speaker 1: little but still has a broad loss. What are you

223
00:11:19,400 --> 00:11:21,880
Speaker 1: hearing from the people you talk to about the path.

224
00:11:21,679 --> 00:11:22,640
Speaker 9: Forward for Haley?

225
00:11:23,160 --> 00:11:26,160
Speaker 10: Well, the path forward is not easy to begin with.

226
00:11:26,320 --> 00:11:29,720
Speaker 10: It's narrow, and even her campaign and her allies, including

227
00:11:30,080 --> 00:11:34,200
Speaker 10: Governor Sanoun, who recognize this. What she wants, short of

228
00:11:34,240 --> 00:11:37,000
Speaker 10: an upset, is something to at least keep it close

229
00:11:37,200 --> 00:11:40,600
Speaker 10: so that she has momentum to carry her to her

230
00:11:40,640 --> 00:11:43,720
Speaker 10: home state of South Carolina, which is holding its primary

231
00:11:43,720 --> 00:11:46,880
Speaker 10: and February twenty fourth, and then the fifteen primaries that

232
00:11:46,960 --> 00:11:50,400
Speaker 10: follow on Super Tuesday, March fifth. If she is able

233
00:11:50,440 --> 00:11:52,800
Speaker 10: to at least show that she can keep it close,

234
00:11:53,040 --> 00:11:56,320
Speaker 10: that this is a credible two person race, then not

235
00:11:56,440 --> 00:11:59,840
Speaker 10: only will the donor dollars continue to flow, then you

236
00:12:00,160 --> 00:12:03,240
Speaker 10: also see maybe voters now that they see a two

237
00:12:03,240 --> 00:12:06,120
Speaker 10: person race, this is the campaign in her allies view,

238
00:12:06,320 --> 00:12:09,800
Speaker 10: then voters may change their minds and move away from Trump.

239
00:12:10,080 --> 00:12:12,680
Speaker 10: But South Carolina is a tough nut to crack, even

240
00:12:12,720 --> 00:12:15,960
Speaker 10: for her. She was the former governor, served as governor

241
00:12:15,960 --> 00:12:19,880
Speaker 10: there for six years. Poles there show her trailing the

242
00:12:19,880 --> 00:12:22,240
Speaker 10: former president by as many as thirty points.

243
00:12:22,480 --> 00:12:25,600
Speaker 2: Michael, do you have a sense among voters in New Hampshire.

244
00:12:25,600 --> 00:12:29,040
Speaker 2: I mean, I'm speaking very broadly here about the appetite

245
00:12:29,120 --> 00:12:33,480
Speaker 2: for a third party candidate. I know no Labels group

246
00:12:33,520 --> 00:12:36,160
Speaker 2: has been trying to make a bit of headway here.

247
00:12:36,400 --> 00:12:38,199
Speaker 2: Is that part of the conversation at all.

248
00:12:39,120 --> 00:12:42,840
Speaker 10: It's emerged from some people, but honestly, it doesn't come

249
00:12:42,920 --> 00:12:45,800
Speaker 10: up quite as often as you would think. It seems

250
00:12:45,840 --> 00:12:49,160
Speaker 10: to be an issue or a question that is kicked

251
00:12:49,160 --> 00:12:51,960
Speaker 10: around a little bit more in Washington rather than on

252
00:12:52,040 --> 00:12:55,280
Speaker 10: the outside. There is one candidate who was catching some

253
00:12:55,360 --> 00:13:00,640
Speaker 10: attention as a outside contender, and that is Robert Robert

254
00:13:00,760 --> 00:13:04,320
Speaker 10: Kennedy Junior. We see in our own Bloomberg News Morning

255
00:13:04,360 --> 00:13:08,560
Speaker 10: Console poll that he is actually drawing some double digit

256
00:13:08,640 --> 00:13:13,719
Speaker 10: support in states including Georgia and Michigan and a few

257
00:13:13,760 --> 00:13:16,040
Speaker 10: of the others that are seen as key to deciding

258
00:13:16,080 --> 00:13:20,080
Speaker 10: the election next November. And that could pose a problem

259
00:13:20,120 --> 00:13:22,400
Speaker 10: for Joe Biden, but it also could pose a problem

260
00:13:22,400 --> 00:13:25,640
Speaker 10: for Donald Trump. It's unclear whether he draws more from

261
00:13:25,760 --> 00:13:27,720
Speaker 10: one of the two rather than the other.

262
00:13:28,200 --> 00:13:31,480
Speaker 1: Should President Biden have more of a presence out on

263
00:13:31,520 --> 00:13:32,680
Speaker 1: the campaign trail or is.

264
00:13:32,679 --> 00:13:33,439
Speaker 3: It just too early.

265
00:13:33,800 --> 00:13:36,400
Speaker 10: Well, you know, he is starting to ramp up events,

266
00:13:36,440 --> 00:13:39,840
Speaker 10: and he is this week, in fact, you know, kicking

267
00:13:39,880 --> 00:13:44,040
Speaker 10: off campaign that's really aimed at women voters. He'll be

268
00:13:44,080 --> 00:13:47,600
Speaker 10: talking much more about abortion rights at a series of events.

269
00:13:47,800 --> 00:13:50,160
Speaker 10: This is tied of course to the Anniverse fifty first

270
00:13:50,200 --> 00:13:53,480
Speaker 10: Anniverse three of the Row v. Wade Supreme Court decision

271
00:13:53,880 --> 00:13:56,439
Speaker 10: that has since been overturned. He'll be doing an event

272
00:13:56,679 --> 00:14:01,800
Speaker 10: with Vice President Harris in Virginia this so he is

273
00:14:01,840 --> 00:14:05,400
Speaker 10: starting to amp up his presence on the campaign's reil,

274
00:14:05,440 --> 00:14:07,520
Speaker 10: and we will be seeing him do a lot more

275
00:14:07,520 --> 00:14:10,200
Speaker 10: of this. One place, of course, he is concentrating is

276
00:14:10,240 --> 00:14:13,600
Speaker 10: his home state, his birth state of Pennsylvania, where he

277
00:14:13,640 --> 00:14:17,720
Speaker 10: has made regular visits already throughout his presidency, and we'll

278
00:14:17,720 --> 00:14:19,600
Speaker 10: be looking to see him do a lot more of that.

279
00:14:19,840 --> 00:14:22,600
Speaker 2: Yeah, big swing state for Biden, no doubt. Very quickly,

280
00:14:22,640 --> 00:14:26,800
Speaker 2: Michael twenty seconds. Is the economy still the biggest issue

281
00:14:26,880 --> 00:14:28,560
Speaker 2: right now in this race tomorrow?

282
00:14:28,800 --> 00:14:33,000
Speaker 10: You know, the border is really take you know, almost

283
00:14:33,640 --> 00:14:38,360
Speaker 10: overtaking the economy, not only based on our polling, but

284
00:14:38,440 --> 00:14:40,600
Speaker 10: just based on what we're hearing, and that is something

285
00:14:40,640 --> 00:14:42,240
Speaker 10: we're going to be following very closely.

286
00:14:44,960 --> 00:14:47,840
Speaker 1: This is Bloomberg Daybreak Asia, your morning brief on this

287
00:14:47,880 --> 00:14:51,560
Speaker 1: story's making news from Hong Kong to Singapore and Wall Street.

288
00:14:51,720 --> 00:14:55,760
Speaker 2: Look for us on your podcast feed every day, on Apple, Spotify,

289
00:14:56,040 --> 00:14:58,040
Speaker 2: and anywhere else you get your podcast.

290
00:14:58,240 --> 00:15:00,880
Speaker 1: You can also listen live each day on Bloomberg eleven

291
00:15:00,960 --> 00:15:03,320
Speaker 1: three to zero in New York, Bloomberg ninety nine to

292
00:15:03,320 --> 00:15:06,560
Speaker 1: one in Washington, Bloomberg one oh sixty one in Boston,

293
00:15:06,840 --> 00:15:09,400
Speaker 1: and Bloomberg nine sixty in San Francisco.

294
00:15:09,600 --> 00:15:12,520
Speaker 2: Our flagship New York station is also available on your

295
00:15:12,560 --> 00:15:18,200
Speaker 2: Amazon Alexa devices. Just say Alexa. Play Bloomberg eleven thirty plus.

296
00:15:18,360 --> 00:15:22,160
Speaker 1: Listen coast to coast on the Bloomberg Business app, Sirius XM,

297
00:15:22,480 --> 00:15:27,400
Speaker 1: the iHeartRadio app, and on Bloomberg dot Com. I'm Brian Curtis.

298
00:15:27,120 --> 00:15:29,520
Speaker 2: And I'm Doug Krisner. Join us again tomorrow for all

299
00:15:29,560 --> 00:15:32,040
Speaker 2: the news you need to start your day right here

300
00:15:32,160 --> 00:15:36,760
Speaker 2: on Bloomberg Daybreak Asia