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Speaker 1: Global business news twenty four hours a day at Bloomberg

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Speaker 1: dot com, the Radio, plus mobile labs and on your radio.

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Speaker 1: This is a Bloomberg Business Flash and I'm Karin Moscow.

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Speaker 1: This updates brought to you by Sector Spider e t

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Speaker 1: F So who I buy a single stock when you

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Speaker 1: can invest in the entire sector. Visits sector spd r

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Speaker 1: s dot com are called six sector E t F.

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Speaker 1: Ford Motors live vehicle sales were twenty in February, while

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Speaker 1: Fiat Chrysler automobiles deliveries climbed twelve percent. Both exceeded analysts

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Speaker 1: estimates thanks to pay back from January storm promotions tied

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Speaker 1: to the President's Day holiday and continued strong demand for sport,

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Speaker 1: utility vehicles and pickups. Nissan also beat, while GM sales

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Speaker 1: fell one and a half percent last month and that

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Speaker 1: missed analysts estimates. U S stocks, meanwhile, are rising amid

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Speaker 1: investor optimism about Central bank support. We checked the markets

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Speaker 1: every fifteen minutes throughout the trading day on bloomberg S

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Speaker 1: and p five half per cent or nine points in

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Speaker 1: one Dow Jones and does sterrail average of four tenths

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Speaker 1: per cent or sixty seven points to sixteen thousand, five

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Speaker 1: d eighty three, the NASTAC up six tenths per cent

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Speaker 1: or twenty seven points to five ten your treasury little change.

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Speaker 1: He had one point seven three percent yield done a

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Speaker 1: two year point seven seven percent Nimax screwed oil down

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Speaker 1: one percent or thirty one cents to thirty three forty

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Speaker 1: two A barrel Comax gold up half per cent or

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Speaker 1: six dollars fifty cents at twelve forties seventy an ounce

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Speaker 1: the euro dollar five eight, the end one thirteen point

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Speaker 1: oh six, and Honeywell International saying it would no longer

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Speaker 1: pursue a combination with United Technologies due to the target

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Speaker 1: company's unwillingness to negotiate. That's a Bloomberg business flash. Tom

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Speaker 1: and Mike and Karen, thank you so much. Good morning

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Speaker 1: everyone in this Super Tuesday from our news bureau in Washington.

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Speaker 1: One of our themes today is to speak to people

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Speaker 1: with experience, people that have linked to strategy and tactics

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Speaker 1: of our economic politics are political economics. Jose par has

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Speaker 1: done that. He's worked with Senator Read of Nevada, among others,

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Speaker 1: of actually doing something that a lot of people thirty

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Speaker 1: years ago weren't sure it was possible, which is organized,

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Speaker 1: get out and do the Hispanic vote. We could go

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Speaker 1: for three hours today based on what then Weber said

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Speaker 1: earlier of Hispanic strong Old Minnesota about the importance of

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Speaker 1: the world of the Latino in the Hispanic vote. Give

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Speaker 1: us the state of the Latino vote. After what we

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Speaker 1: learned in two thousand eight and two thousand twelve, all

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Speaker 1: two and two thousand ten, we're also um were seminal years.

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Speaker 1: It's obviously been growing by by leaps and bounds participations

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Speaker 1: and is now where it should be if it were,

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Speaker 1: and this could be a limited Lithmos test here for that.

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Speaker 1: For example, in you had about twenty three million eligible

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Speaker 1: Hispanic voters. Close to twelve million turned out to the polls,

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Speaker 1: so still underperforming, but still were They played a decisive

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Speaker 1: role in states like Florida and Nevada to help President

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Speaker 1: Imma win, and in we actually had presidential type turnout

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Speaker 1: to uh in Nevada to back center reading according to

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Speaker 1: the firm Latino Decisions Center read one ninetent of the

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Speaker 1: vote that year. Interestingly, if you want to compare that

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Speaker 1: year to what's occurring right now, the rhetoric was very much,

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Speaker 1: very similar. Sharon angle Uh Center Reads um Fun the

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Speaker 1: moment was um base air campaign on immigration, and she

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Speaker 1: spent about a third of her TV budget on anti

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Speaker 1: immigrant ads, and that contrast between her and Center to

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Speaker 1: Read really helped turn the Latino vote out. Well, when

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Speaker 1: we speak of the Latino vote, I mean it's people

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Speaker 1: from Mexico, people from the Caribbean, people from South America.

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Speaker 1: You've got immigrant recent demigrants, and you've got families who've

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Speaker 1: been here for generations. So what is the Latino slash

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Speaker 1: Hispanic vote? Are there issues that are common to all

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Speaker 1: or do we make a mistake by lumping everybody together. Well,

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Speaker 1: it is definitely a moving target. And no anybody who

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Speaker 1: tells you that they've had the Hispanic both figured out, Um,

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Speaker 1: they're they're selling me a bunch of goods. Because it

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Speaker 1: is a moving target. Something you need to be measuring

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Speaker 1: all the time and something you need to be and

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Speaker 1: any public you need to be listening to constantly in

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Speaker 1: order to figure out where they are. You have huge

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Speaker 1: differences between Florida, for example, and Nevada, even in Florida.

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Speaker 1: In Florida you need to micro target, for example, you

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Speaker 1: need to talk to the Colombians. You need to talk

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Speaker 1: to nic you need to talk to Cubans, and each

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Speaker 1: one has different radio stations. For example, they listen to UM.

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Speaker 1: How can Mr Trump do so well against a departed

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Speaker 1: Bush and a present Rubio in that state given the

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Speaker 1: fabulous diversity in Florida advantage? A lot of Americans are

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Speaker 1: asking that question. Well, I think the biggest thing here

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Speaker 1: is that we're talking about UM a fracturep UM, and

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Speaker 1: you're talking about a fraction of the GOOP, which is

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Speaker 1: a majority, but not I A a proper big majority

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Speaker 1: of the It's not fifty plus of the GOOP field

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Speaker 1: or of GOP voters. And uh, I think that's what's

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Speaker 1: happening there. And he's turning out. I bet you a

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Speaker 1: lot of people in northern Florida, uh, and roll parts

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Speaker 1: of Florida which are very similar to Alabama or Georgia

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Speaker 1: and it's demographic makeup are there. It is there a

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Speaker 1: Latino vote that is committed to one side or another.

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Speaker 1: Because the Republican argument coming out of two thousand twelves,

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Speaker 1: we need to appeal more because our issues, conservative issues,

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Speaker 1: religious issues would appeal to Hispanics on an economic basis

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Speaker 1: the Democrats say we can compete. Is the vote still

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Speaker 1: up for grabs or has it hardened on one side

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Speaker 1: of the not after what Trump has done, and there's

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Speaker 1: been an unfortunate trend within the GOP Jack Trump in reality,

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Speaker 1: what he did was harn as this trend and used

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Speaker 1: his megaphone as a media figure to protect it. Because

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Speaker 1: this type of language we've been hearing from Steve King,

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Speaker 1: from Moe Brooks, uh from Jan Brewer, and the the

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Speaker 1: Arizona Law of of two thousand and ten, which, by

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Speaker 1: the way, Marco Rubio back to the time, which meant

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Speaker 1: that if you look Latino or sana Latino, you could

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Speaker 1: be stopped and that started that turned immigration into an identity.

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Speaker 1: Is the background here for Washington, and we've heard this

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Speaker 1: from FM Washington listeners over the last few days. Is

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Speaker 1: Robert Kagan's important op ed in the Washington Post. He

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Speaker 1: is Atrew Brooken's institution and he just wrote a basic

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Speaker 1: theme of what you address about the GOP um. The

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Speaker 1: president is not only wrong but also anti American, un American,

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Speaker 1: non American, and his policies, though barely distinguishable from those

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Speaker 1: of previous liberal Democrats such as Michael Ducaca from Mario

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Speaker 1: Cuomo are somewhat representative of something subversive. Do they just

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Speaker 1: lose all of the minority vote in America with that language?

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Speaker 1: I mean they've been pushing that language for a long

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Speaker 1: long time now, at least for eight years of Hispanics

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Speaker 1: in the Romney election for Mr Romney, about and that

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Speaker 1: number and then and and and I would argue that

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Speaker 1: problem that number is probably lower because that's based on

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Speaker 1: on an exit polling, which tends to under measure minority communities.

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Speaker 1: And we talked about Donald Trump obviously is sort of

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Speaker 1: the front runner in the Republican side. Suppose you get

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Speaker 1: a Hispanic, you get Marco Rubio or Ted Cruz, who

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Speaker 1: rests the nomination away from him. How does that change

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Speaker 1: the dynamic? I don't think much, because what Trump has

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Speaker 1: done is forced the party to tach right in its message,

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Speaker 1: on its tone, and forced all these guys to chase

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Speaker 1: him as as far as his rhetoric, maybe with uh

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Speaker 1: much less crass language until this weekend when Arco will

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Speaker 1: be going to for tat with UH with Trump. But um,

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Speaker 1: even Jeff Bush, who a lot of people consider a

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Speaker 1: very pro immigrant and and somebody steeped deeply in the

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Speaker 1: and and Hispanic culture. UH use the term anchor babies

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Speaker 1: for example. At some point everybody was trying to catch

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Speaker 1: up to Trump, and it's gonna be very hard for

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Speaker 1: these guys to come back from that side of the

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Speaker 1: side of the spectrum. Secretary Well, I was just gonna say,

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Speaker 1: can can Secretary Clinton then take the Hispanic vote for granted?

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Speaker 1: They're going to come to her. No, she cannot take

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Speaker 1: the vote for granted, because, um, the issue with Hispanics

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Speaker 1: is and Democrats and Republicans is not so much whether

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Speaker 1: Latinos will become Republicans and vote Republican. The question is

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Speaker 1: whether they will stay home. Has happened in the midterm

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Speaker 1: of For example, UH, in Nevada we went to a

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Speaker 1: participation among Latinos of and we lost even a Latino

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Speaker 1: majority district CD four inter So turn out the key,

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Speaker 1: and I wrote this on Twitter the other turnout is everything.

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Speaker 1: And you need to give the and you need to

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Speaker 1: get all people, and you need to give people not

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Speaker 1: just the reason to vote against something, but also an

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Speaker 1: alternative to vote for. We would love to have you

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Speaker 1: come back when we visit than UH where this was

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Speaker 1: its perspective working with Senator Read of Nevada on Latino affairs.

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Speaker 1: Prospero Latino is a strategic insight organization. Mike. We're gonna

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Speaker 1: go to San Francisco. It's something we have not addressed today.

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Speaker 1: We're gonna go to San Francisco here in the next hour. Yes,

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Speaker 1: Carol Masser and uh Corey Johnson are out of a

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Speaker 1: cybersecurity conference. Um, they have Actually they knew that we

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Speaker 1: were going to go to them because they've been reading

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Speaker 1: our computer messages earlier. They've learned everything they need to

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Speaker 1: learn about. They are conference and really front and center

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Speaker 1: on Apple. We know, and that is a major issue

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Speaker 1: on Capitol Hill today, Uh, with the hearings on Apple. Yeah, Carol,

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Speaker 1: good morning, Hey, good morning guys. Um, we do know everything, Um,

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Speaker 1: but yeah, this is all about keeping our digital world safe.

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Speaker 1: So you've got Google here, Adobe here, You've got the

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Speaker 1: carmakers here, and we're gonna be talking to some of

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Speaker 1: them just some of the initiatives that are underway to

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Speaker 1: protect everything that's going on in the digital space. So

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Speaker 1: kind of fascinating, and you're right, it's front and center

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Speaker 1: up on Capitol Hill today with Apple there and also

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Speaker 1: the Pentagon talking about some of the cybersecurity initiatives they need.

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Speaker 1: So we're going to cover it all here from San Francisco.

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Speaker 1: Carol Master, thank you so much again. Super Tuesday programming

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Speaker 1: all day on Bloomberg Radio to give you perspective we

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Speaker 1: hope away from the asteria, and of course important programming

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Speaker 1: tonight with Mark Halpern and John Heilman, with all due respect,

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Speaker 1: as we begin to look at the returns for the

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Speaker 1: many Super Tuesday states. The good news for me and

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Speaker 1: Mike we'll be here or tomorrow morning to pick up

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Speaker 1: the debris of the various elections that they give you

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Speaker 1: perspective forward on the nation's very political economics. From Washington.

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Speaker 1: This is Bloomberg's Surveillance