WEBVTT - Hayden: security forces in Brussels

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<v Speaker 1>Broadcasting live to New York Cloomberg eleven rio who watching

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<v Speaker 1>it in d C Roomberg one to Boston Blueberg well

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<v Speaker 1>runners see San Francisco Bloomberg nine sixty to the Country

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<v Speaker 1>Series Exam Channel one nineteen and around the globe the

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<v Speaker 1>Bloomberg Radio plus Aven Boomberg dot com. This is RUMBERK Surveillance.

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<v Speaker 1>Good morning. I'm Karen Moscow along with Tom Keenan Michael McKee.

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<v Speaker 1>The opening val brought to you by SEI. Today's competitive

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<v Speaker 1>C dot com. Slash imagine. Stocks are lower at the open.

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<v Speaker 1>The SNP five hundred down three tenths per center five

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<v Speaker 1>points to five down. Jones Industrial average down two tenths

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<v Speaker 1>per cent or forty three points to seventeen thousand, five

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<v Speaker 1>hundred eighty one. Then as Act down half per center

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<v Speaker 1>twenty five points to forty seven eighties three ten, Your

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<v Speaker 1>treasury up seven thirty seconds, the yield eight per cent

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<v Speaker 1>that you'll done a two year point eight four percent

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<v Speaker 1>nom X crude oil down one point four percent or

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<v Speaker 1>fifty eight cents to forty cents of barrel. Comic gold

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<v Speaker 1>is up eight ten percent or not dollars fifty cents

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<v Speaker 1>to twelve fifty three eight n ounce the euro a

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<v Speaker 1>dollar twelve twenty three d n one eleven point six one.

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<v Speaker 1>Tom and Mike Karen, thanks so much. You will go

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<v Speaker 1>to Brussels here in moment with a number of live

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<v Speaker 1>reports as are important reports. But right now on the

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<v Speaker 1>markets with run on the screen negative fifties seven, the

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<v Speaker 1>VIX advancing by point seven eight points fourteen point five

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<v Speaker 1>uh seven is David Wilson, what do you do take

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<v Speaker 1>a general market tact or do you focus on securities

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<v Speaker 1>affected by what we saw in Brussels? Well, you really

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<v Speaker 1>do the ladder because you are seeing the airline stocks

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<v Speaker 1>down and they had been market leaders since the stocks

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<v Speaker 1>hit bottom last month. It concerned clearly that the bombings

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<v Speaker 1>and Brussels may discourage travel to Europe. And you've got

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<v Speaker 1>American Air down three percent in early training, Delta Air

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<v Speaker 1>also down three percent, United Continental down two and a

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<v Speaker 1>half percent. Cruise line owners are falling as well. Carnival

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<v Speaker 1>shares down a bit more than three percent. We're all

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<v Speaker 1>Caribbean down about two and a half percent and just

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<v Speaker 1>some other stocks of note, you've got Yahoo damn about

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<v Speaker 1>one and a half percent. The web coar portal was

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<v Speaker 1>cut to neutral from by at C Group. Symantec up

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<v Speaker 1>a half a percent, The makeup security software Story at

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<v Speaker 1>a billion dollars stock by back and declared a special

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<v Speaker 1>dividend of four dollars a share. Win Resorts up three

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<v Speaker 1>and a half percent. The casino owner raised the equivalent

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<v Speaker 1>of buy from hold at Morgan Stanley Zillo Group of

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<v Speaker 1>six percent. The real estate website owner lifted the equivalent

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<v Speaker 1>of buy from holding OURBC Capital Markets trans Ocean down

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<v Speaker 1>about five percent. UH the real chief executive Jeremy Thigpen

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<v Speaker 1>said he doesn't expect the oil driller to begin charging

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<v Speaker 1>higher rates for offshore rigs for at least three years.

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<v Speaker 1>And G three Apparel down twenty three percent. Fiscal fourth

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<v Speaker 1>quarter earnings and sales were lower than the averageist estimates

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<v Speaker 1>in Bloomberg survey, and G three fully your profit forecast

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<v Speaker 1>trailed the lowest projection. David Wilson, thank you so much.

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<v Speaker 1>Appreciate this morning again negative forty nine on the doubt.

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<v Speaker 1>He has been with his five, six and seven times today.

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<v Speaker 1>He has been tireless. Jones Hayden with decades of experience

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<v Speaker 1>in Brussels and is our bureau chief in Brussels. What

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<v Speaker 1>would you look for, uh Jones, going into the evening?

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<v Speaker 1>What what what is the thing you will listen for

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<v Speaker 1>in your Brussels Well, we're hoping, um that to kind

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<v Speaker 1>of get an all clear, but I don't think we're

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<v Speaker 1>going to get that. You know, the police and the

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<v Speaker 1>security forces are now you know, looking for other packages

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<v Speaker 1>um in the metro system and at the airport and

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<v Speaker 1>making sure that everything is all clear. So what you

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<v Speaker 1>know you're hearing here in Brussels is more explosions, but

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<v Speaker 1>they're controlled explosions as as the bomb squad goes through

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<v Speaker 1>and and gets rid of other suspicious looking packages. UM.

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<v Speaker 1>So I think we're just going to be on tenter

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<v Speaker 1>looks like through the rest of the evening and probably

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<v Speaker 1>into tomorrow as well. Um the airport is supposed to

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<v Speaker 1>open reopen tomorrow and they haven't given a time for that. Um.

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<v Speaker 1>You know, we'll see how that goes and how smoothly

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<v Speaker 1>um we can have we can have that come about.

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<v Speaker 1>I want to ask you such a scene for us

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<v Speaker 1>we have We've read that the airport obviously is closed,

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<v Speaker 1>Trains aren't moving. The only way in or out is car.

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<v Speaker 1>The Brussels people government has shut down surface transportation in

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<v Speaker 1>the city. What is Brussels like for people who haven't

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<v Speaker 1>been there, and what's it like trying to get around

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<v Speaker 1>if you were trying to live your in ordinary life

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<v Speaker 1>there today, what would it be like. Well, if you're

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<v Speaker 1>in the European Quarter um and a lot of people

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<v Speaker 1>are here, you know, if you're if you work, uh,

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<v Speaker 1>you know, at one of the European Union institutions or

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<v Speaker 1>for the myriad of companies that cater to the European institutions,

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<v Speaker 1>then you're having a hard time of it because they

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<v Speaker 1>have a perimeter around the subway system him in this

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<v Speaker 1>area and that just keeps getting wider um as they

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<v Speaker 1>push people back, so it takes a long time to

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<v Speaker 1>get to get around it. So it's just a big

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<v Speaker 1>inconvenience um where you know, you hope that that is

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<v Speaker 1>a positive sign that that the security forces are there

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<v Speaker 1>and they're taking care of stuff. But you know, in

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<v Speaker 1>the back of your mind, you know, after this morning,

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<v Speaker 1>you're always going to have you know what if there's

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<v Speaker 1>another one, You're always gonna be thinking what if there's

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<v Speaker 1>another bomb about to go off someplace else. We obviously

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<v Speaker 1>have seen much concern about terrorism in Brussels, with the

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<v Speaker 1>arrest of the terror suspect this past week and the

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<v Speaker 1>search for him for so many months. What's the general mood.

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<v Speaker 1>We were talking just before the break about the moon

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<v Speaker 1>of the people and how it will affect the economy,

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<v Speaker 1>how it will affect daily life going forward. From the

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<v Speaker 1>perspective of someone who lives there, what's it going to

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<v Speaker 1>be like? Well, you know, we we were, you know,

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<v Speaker 1>feeling pretty good after Friday, you know, thinking we've made

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<v Speaker 1>big strides Belgium, thinking has made big strides against the

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<v Speaker 1>terrorist um network um. But now we're plunged back into

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<v Speaker 1>something similar to what we had in November, you know,

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<v Speaker 1>in the immediate wake of the Paris terror attacks. Of course,

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<v Speaker 1>that investigation came back, you know, came here to Brussels

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<v Speaker 1>almost immediately, and we had a lockdown. And and what

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<v Speaker 1>we're experiencing right now is even more severe than that

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<v Speaker 1>lockdown here because the airport is closed as well as

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<v Speaker 1>all the trains. We are tourists. When I tell people Jones,

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<v Speaker 1>I go to Brussels I've been a couple of times, folks. Uh,

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<v Speaker 1>I see just the surface of it. If you go

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<v Speaker 1>from the Brussels Palace and you go across that lovely

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<v Speaker 1>park and then you turn right and go down excuse

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<v Speaker 1>my fractured French rutalawa, and you get to Melby, you

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<v Speaker 1>get to the Melby train station. What is around that? What?

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<v Speaker 1>What is that part of Brussels? Well, at this point

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<v Speaker 1>what is around that is a big tording of police

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<v Speaker 1>and security officers. Nobody can get close to it. Um,

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<v Speaker 1>they're in there combing the wreckage of the bomb. Even

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<v Speaker 1>even now they're continuing to go through it to make

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<v Speaker 1>sure there's not another package in there that that may

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<v Speaker 1>go off. So they and they keep pushing back the people. Um.

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<v Speaker 1>So earlier, you know, we could get fairly close and

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<v Speaker 1>see um people going in because the officials going in

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<v Speaker 1>and stuff. But now we're way back. Everybody is way back.

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<v Speaker 1>We can't even get close to it. Well, this, of course,

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<v Speaker 1>this metro stop is just to block away from the

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<v Speaker 1>EU headquarters. Right right, it's right down it's right down there,

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<v Speaker 1>and it's near the European Parliament. The European Parliament was

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<v Speaker 1>having hearings today that they were suspended um, but then

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<v Speaker 1>they started up again UM. So that you know, they're trying,

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<v Speaker 1>you know, to put on a face of things as usual,

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<v Speaker 1>things operating as normal, but it's not quite the case.

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<v Speaker 1>What's the general feeling to live in Brussels these days?

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<v Speaker 1>Is there a question like why us? Why are we

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<v Speaker 1>the locusts of terror? Um? I don't know if it's

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<v Speaker 1>if they if people put it in that um, in

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<v Speaker 1>that kind of phrasing um, but you know there is

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<v Speaker 1>this question being asked, why is it You know that

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<v Speaker 1>mullin Bake seems to be you know, a hotbed for um.

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<v Speaker 1>Um she hottest Why you know, terrorist cells seem to

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<v Speaker 1>like um being here in Belgium and in Brussels, and

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<v Speaker 1>they're still trying to figure that out, you know. And

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<v Speaker 1>and the whole immigration issue that the EU is dealing with.

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<v Speaker 1>You know, we had this big summit here, you know,

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<v Speaker 1>very near where this bomb took off on Friday, Thursday

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<v Speaker 1>and Friday of last week, and that's all about how

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<v Speaker 1>do you deal with all these masses of people coming

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<v Speaker 1>into the EU and making sure that you're still safe.

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<v Speaker 1>Jones will probably speak to you tomorrow. Jones Hayden, our

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<v Speaker 1>duty in Brussels, and our Belgium, our bureau chief, I

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<v Speaker 1>should say, in Brussels. Uh, this morning, Mike. We're all

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<v Speaker 1>getting a little more knowledgeable about Brussels today. Yes, both

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<v Speaker 1>of us been there a couple of times, well, I

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<v Speaker 1>mean many times. But our steepest sympathies and thoughts go

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<v Speaker 1>out to the people of Brussels and a number of

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<v Speaker 1>international corporations reporting on the safety of their employees and

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<v Speaker 1>of course for much of them, any good news there

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<v Speaker 1>is wealth. The TAO negative fifty eight points on Wall Street.

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<v Speaker 1>This hour of surveillance brought you by Volvo Cars, White Planes.

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<v Speaker 1>Visit Volvo Cars White Planes. Dot Com like a bar

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<v Speaker 1>has the latest headlines from Brussels, myke town, thank you

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<v Speaker 1>very much. At least twenty six people are dead after

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<v Speaker 1>three blasts at Brussels airport and the city subway system.

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<v Speaker 1>Belgian police have locked down Brussels. Belgian Ambassador to the

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<v Speaker 1>U S. Johann Rebecky, spoke to reporters at the embassy

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<v Speaker 1>in Washington. People, of course, in this stage are in

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<v Speaker 1>the process of helping the victims, making sure that they

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<v Speaker 1>get the first that they needed. Republican Donald Trump and

0:09:55.880 --> 0:09:58.559
<v Speaker 1>the Democrat Hillary Clinton will try to pad their delegate

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<v Speaker 1>lead over their underdog right vols today and contests for

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<v Speaker 1>both parties in Arizona and Utah. Democrats in Idaho also

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<v Speaker 1>hold presidential caucuses. Preference poles show that Republican Ted Cruz

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<v Speaker 1>has a chance to claim more than fifty of the

0:10:13.080 --> 0:10:16.920
<v Speaker 1>caucus vote. In Utah, Democrat Bernie Sanders has targeted today's

0:10:17.000 --> 0:10:20.440
<v Speaker 1>races as the start of a comeback tour. President Obama

0:10:20.480 --> 0:10:23.600
<v Speaker 1>will give a televised speech today in Havana. The President,

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<v Speaker 1>on the third day of his historic trip to Cuba,

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<v Speaker 1>will also meet with dissidents. Global News twenty four hours

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<v Speaker 1>a day, powered by our twenty four hundred journalists more

0:10:32.720 --> 0:10:35.000
<v Speaker 1>than one hundred fifty news bureaus from around the world.

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<v Speaker 1>Michael bar Mike, Tom, and Michael thanks so much. Sterling

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<v Speaker 1>is the great mover of the day. Down a hundred

0:10:40.000 --> 0:10:45.520
<v Speaker 1>and fifty three dollar forty two fifteen on weaker Sterling, Euros, Swissy,

0:10:45.600 --> 0:10:50.320
<v Speaker 1>Swissy stronger one O eight nine seven on Swiss as

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<v Speaker 1>you would expect, swissfering doing it better. With more from

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<v Speaker 1>Brussels and from our world headquarters in New York. This

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<v Speaker 1>is Bloomberg Surveillance. Bloomberg Surveillance is brought you by WITHAM

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