1 00:00:02,480 --> 00:00:06,800 Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News. 2 00:00:09,720 --> 00:00:12,880 Speaker 2: Good morning, I'm Nathan Hager and I'm Karen Moscow. Here 3 00:00:12,920 --> 00:00:14,640 Speaker 2: are the stories we're following today. 4 00:00:14,760 --> 00:00:17,480 Speaker 3: Karen, we begin with the latest on upbreaking story, Doc. 5 00:00:17,520 --> 00:00:20,400 Speaker 3: Workers have walked out of every major port on the 6 00:00:20,520 --> 00:00:23,880 Speaker 3: US East End Gulf Coast. Let's bring in Bloomberg's John 7 00:00:23,920 --> 00:00:25,079 Speaker 3: Tucker with the details. 8 00:00:25,160 --> 00:00:28,280 Speaker 4: John and Nathan, this was the scene at Maher Terminals 9 00:00:28,320 --> 00:00:29,560 Speaker 4: in Elizabeth, New Jersey. 10 00:00:30,280 --> 00:00:33,200 Speaker 5: Nothing's gonna move without us. 11 00:00:32,479 --> 00:00:38,560 Speaker 4: Nothing, that's Union leader Harold Daggett. Some forty five thousand 12 00:00:38,680 --> 00:00:42,680 Speaker 4: members of the International Longshoreman's Association hit the picket lines 13 00:00:42,720 --> 00:00:46,120 Speaker 4: at midnight. This is a strike over wages and automation 14 00:00:46,240 --> 00:00:50,040 Speaker 4: that could reignite inflation and caused shortages of goods if 15 00:00:50,040 --> 00:00:52,320 Speaker 4: it goes on more than a few weeks. The strike 16 00:00:52,440 --> 00:00:55,760 Speaker 4: is impacting thirty six ports. The affected ports have the 17 00:00:55,840 --> 00:00:59,200 Speaker 4: combined capacity to handle as much as half of all 18 00:00:59,320 --> 00:01:02,760 Speaker 4: US trade volumes, and the strike will haul container cargo 19 00:01:02,880 --> 00:01:06,960 Speaker 4: and auto shipments. Energy supplies in bull cargo won't be affected. 20 00:01:07,319 --> 00:01:09,600 Speaker 4: Some exceptions will be made to allow for the movement 21 00:01:09,600 --> 00:01:13,200 Speaker 4: of military goods and cruise ships. The White House had 22 00:01:13,240 --> 00:01:15,640 Speaker 4: been in communication with the two sides over the weekend, 23 00:01:16,040 --> 00:01:19,600 Speaker 4: and some progress had been reported on wages. The Taft 24 00:01:19,640 --> 00:01:22,960 Speaker 4: Heartley Act of nineteen forty seven does allow President Biden 25 00:01:22,959 --> 00:01:26,760 Speaker 4: to intervene in labor disputes that evolved national security. In 26 00:01:26,800 --> 00:01:29,360 Speaker 4: New yorkome John Tucker Bloomberg Radio, all. 27 00:01:29,280 --> 00:01:30,840 Speaker 1: Right, John, thank you well Tonight. 28 00:01:31,000 --> 00:01:34,919 Speaker 2: Vice presidential nominees JD Vance and Tim Wallas will face 29 00:01:34,959 --> 00:01:37,360 Speaker 2: off in what could be the final debate before the 30 00:01:37,400 --> 00:01:41,240 Speaker 2: November election. Bloomberg's Amy Morris has details from Washington. 31 00:01:41,600 --> 00:01:44,080 Speaker 6: The ninety minute debate will be in New York. Walls 32 00:01:44,160 --> 00:01:46,720 Speaker 6: was asked about debate press, how are you feeling. 33 00:01:46,520 --> 00:01:47,520 Speaker 1: About to be priming? 34 00:01:47,840 --> 00:01:49,480 Speaker 4: Going great? This is the fun part. 35 00:01:49,600 --> 00:01:52,960 Speaker 6: Last month, Van said he was already deep into debate Press. 36 00:01:53,000 --> 00:01:53,720 Speaker 1: Well, I found a. 37 00:01:53,680 --> 00:01:56,320 Speaker 7: Good friend from back home who embellishes and lies a lot, 38 00:01:56,360 --> 00:01:58,160 Speaker 7: and having him stand in for Tim Wallas. 39 00:01:58,200 --> 00:02:01,040 Speaker 6: That's what we're doing during our debates. Bloomberg News Morning 40 00:02:01,040 --> 00:02:04,400 Speaker 6: Consule poll of registered voters in seven swing states shows 41 00:02:04,400 --> 00:02:07,760 Speaker 6: Walls with a higher net favorability rating the Advance. There 42 00:02:07,800 --> 00:02:10,640 Speaker 6: will be no opening statements and no studio audience mikes 43 00:02:10,680 --> 00:02:13,560 Speaker 6: will be live throughout the event. Moderators commute the mics 44 00:02:13,600 --> 00:02:17,000 Speaker 6: at their discretion. Pre Written notes are not allowed on stage, 45 00:02:17,000 --> 00:02:20,480 Speaker 6: but they'll have pens, paper, and water. Each candidate has 46 00:02:20,520 --> 00:02:23,600 Speaker 6: two minutes for closing statements In Washington, Amy Moore as 47 00:02:23,600 --> 00:02:24,400 Speaker 6: Bloomberg Radio. 48 00:02:24,639 --> 00:02:27,160 Speaker 2: All right, Amy, thank you. We'll catch the CBS News 49 00:02:27,200 --> 00:02:31,240 Speaker 2: Vice presidential simulcast on a special edition of Bloomberg's Balance 50 00:02:31,240 --> 00:02:34,000 Speaker 2: of Power. It begins tonight at eight pm Wall Street 51 00:02:34,000 --> 00:02:36,160 Speaker 2: Time on Bloomberg Radio and Television. 52 00:02:36,400 --> 00:02:38,520 Speaker 3: Karen, let's turn out to the latest from the Middle East. 53 00:02:38,560 --> 00:02:42,640 Speaker 3: Israeli soldiers are now inside Lebanon. The Israeli military began 54 00:02:42,720 --> 00:02:46,240 Speaker 3: what it's calling targeted ground raids against Hesbola just before 55 00:02:46,240 --> 00:02:49,760 Speaker 3: midnight local time. We get more from Bloomberg's Michael Heath. 56 00:02:49,639 --> 00:02:51,880 Speaker 8: At this time, this saying that these are sites that 57 00:02:51,960 --> 00:02:55,920 Speaker 8: pose in an immediate threat to Israeli communities in northern Israel. 58 00:02:56,240 --> 00:02:57,960 Speaker 8: I mean the big question, of course, is whether this 59 00:02:58,040 --> 00:03:01,920 Speaker 8: then develops into a full scale ground operation. At this stage, 60 00:03:02,000 --> 00:03:05,040 Speaker 8: Axis is reporting that ciding to his running officials that 61 00:03:05,400 --> 00:03:07,560 Speaker 8: this was approved by the Security Cabinet and it will 62 00:03:07,560 --> 00:03:10,239 Speaker 8: be limited in both time and scope. But we also 63 00:03:10,360 --> 00:03:12,600 Speaker 8: know at the same time the US has been worried, well, 64 00:03:12,639 --> 00:03:14,760 Speaker 8: while it's okay with Israel doing this to try and 65 00:03:15,120 --> 00:03:17,880 Speaker 8: push a Hezbla back from the border, it worries about 66 00:03:17,919 --> 00:03:20,240 Speaker 8: mission creep, which is always the case once you send 67 00:03:20,240 --> 00:03:21,240 Speaker 8: boots in on the ground. 68 00:03:21,360 --> 00:03:24,200 Speaker 3: Bloomberg's Michael Heath reports the US agrees with Israel that 69 00:03:24,240 --> 00:03:27,520 Speaker 3: Hesbola's attack infrastructure needs to be dismantled, at the same 70 00:03:27,600 --> 00:03:30,600 Speaker 3: time it is repeating calls for restraint well. 71 00:03:30,639 --> 00:03:33,240 Speaker 2: Turning to the markets, now Nathan Stalks begin the fourth 72 00:03:33,280 --> 00:03:35,560 Speaker 2: quarter on a winning streak. The S and P five 73 00:03:35,640 --> 00:03:38,480 Speaker 2: hundred has gained for four consecutive quarters as a long 74 00:03:38,520 --> 00:03:41,640 Speaker 2: as such winning strettions twenty twenty one, the tech heavy 75 00:03:41,680 --> 00:03:43,040 Speaker 2: now Stack one hundred. 76 00:03:42,840 --> 00:03:45,200 Speaker 1: Notched a similar run. Mike Wilson as. 77 00:03:45,160 --> 00:03:47,760 Speaker 2: Chief US S equity strategist at Morgan Stanley. 78 00:03:48,000 --> 00:03:49,360 Speaker 6: You know, I would stay three weeks ago. 79 00:03:49,680 --> 00:03:52,440 Speaker 9: Myself and most of the clients I speak with were 80 00:03:52,480 --> 00:03:54,440 Speaker 9: in the camp that we would have a tough four 81 00:03:54,520 --> 00:03:57,240 Speaker 9: or five weeks into the election and then you'd get 82 00:03:57,280 --> 00:04:00,680 Speaker 9: a strong rally into year end. Trying to think maybe 83 00:04:00,680 --> 00:04:02,200 Speaker 9: it might be more the opposite. 84 00:04:02,240 --> 00:04:04,119 Speaker 4: We may stay bid into. 85 00:04:03,840 --> 00:04:06,480 Speaker 9: The election and then I think we get some disappointment 86 00:04:06,720 --> 00:04:07,480 Speaker 9: post election. 87 00:04:08,520 --> 00:04:11,760 Speaker 2: Morgan Stanley, chief US secuity strategist Mike Wilson. The S 88 00:04:11,840 --> 00:04:14,040 Speaker 2: and P five hundred added two and a half trillion 89 00:04:14,080 --> 00:04:15,400 Speaker 2: dollars in the third quarter. 90 00:04:15,520 --> 00:04:18,239 Speaker 3: Well, how much will the FED cut in the fourth quarter? 91 00:04:18,360 --> 00:04:18,560 Speaker 5: Well? 92 00:04:18,680 --> 00:04:21,479 Speaker 3: FED chair Jay Powell says the central Bank will lower 93 00:04:21,520 --> 00:04:25,200 Speaker 3: interest rates over time. He told the National Association for 94 00:04:25,279 --> 00:04:29,080 Speaker 3: Business Economics, the US economy is on solid ground. If 95 00:04:29,080 --> 00:04:32,000 Speaker 3: the economy slows more than we expect, then we can 96 00:04:32,040 --> 00:04:32,599 Speaker 3: cut faster. 97 00:04:32,839 --> 00:04:35,800 Speaker 4: If it slows less than we expect, we can cut slower. 98 00:04:35,800 --> 00:04:37,320 Speaker 4: And that's really what's going to decide it. 99 00:04:37,640 --> 00:04:40,640 Speaker 10: But I think from a base case standpoint, we're looking 100 00:04:40,640 --> 00:04:43,039 Speaker 10: at it as a process that will play out over 101 00:04:43,160 --> 00:04:46,880 Speaker 10: some time, not something that we need to go fast on. 102 00:04:47,360 --> 00:04:47,880 Speaker 1: FED Shair J. 103 00:04:48,040 --> 00:04:51,320 Speaker 3: Powell said he remains confident inflation will continue moving toward 104 00:04:51,320 --> 00:04:54,560 Speaker 3: the fed's two percent target. He added that economic conditions 105 00:04:54,600 --> 00:04:57,640 Speaker 3: have set the table for a further easing of price pressures. 106 00:04:58,080 --> 00:05:00,240 Speaker 2: Well. Nathan Larry Fink is speaking out of about the 107 00:05:00,279 --> 00:05:03,080 Speaker 2: strength of the economy. The Black Rock chairman sat down 108 00:05:03,080 --> 00:05:06,120 Speaker 2: with the Bloomberg's friends Saint Laqua at the Berlin Global 109 00:05:06,200 --> 00:05:09,200 Speaker 2: Dialogue twenty twenty four conference earlier this morning. 110 00:05:09,440 --> 00:05:11,640 Speaker 10: We spend so much time focusing on the segments that 111 00:05:11,680 --> 00:05:13,520 Speaker 10: are doing poorly. And I'm not trying to suggest that's 112 00:05:13,640 --> 00:05:16,680 Speaker 10: not the right thing to do, but we're not looking 113 00:05:16,680 --> 00:05:18,800 Speaker 10: at in the holistic way that other parts of the 114 00:05:18,839 --> 00:05:22,000 Speaker 10: economy are doing really, really well. Look at corporate earnings 115 00:05:22,040 --> 00:05:25,000 Speaker 10: over all, they've been very strong, and I think they're 116 00:05:25,000 --> 00:05:27,560 Speaker 10: going to continue to be very strong. We have, you know, 117 00:05:27,600 --> 00:05:31,600 Speaker 10: we do have segments of the economy that are very strong, 118 00:05:31,680 --> 00:05:33,400 Speaker 10: and I think that's why, I don't know why we 119 00:05:33,440 --> 00:05:35,840 Speaker 10: talk about a harder soft line and we're continuing. We're 120 00:05:35,839 --> 00:05:37,280 Speaker 10: going to grow at two to three percent. 121 00:05:37,880 --> 00:05:40,599 Speaker 2: Black Rock chairman Larry Finks as the market is pricing 122 00:05:40,640 --> 00:05:43,000 Speaker 2: too many interest rate cuts from the FED given the 123 00:05:43,120 --> 00:05:44,799 Speaker 2: US economy continues to grow. 124 00:05:44,880 --> 00:05:47,080 Speaker 3: In the meantime, Karen, let's turn to some company news now. 125 00:05:47,160 --> 00:05:50,120 Speaker 3: CVS Health is conducting a strategic or view of options, 126 00:05:50,160 --> 00:05:54,279 Speaker 3: including a possible breakup. Sources say the options under consideration 127 00:05:54,400 --> 00:05:57,160 Speaker 3: include the various forms that a potential breakup could take, 128 00:05:57,240 --> 00:06:01,160 Speaker 3: including a separation of the company's retail and then insurance businesses. 129 00:06:01,560 --> 00:06:04,960 Speaker 3: CVS has been grappling with falling profit margins at its 130 00:06:05,000 --> 00:06:08,480 Speaker 3: retail pharmacies and rising costs of patient care from EDNA, 131 00:06:08,560 --> 00:06:10,880 Speaker 3: which generates about a third of its revenue. 132 00:06:11,000 --> 00:06:13,920 Speaker 2: Well Nathan Pfeiser has raised about three point two billion 133 00:06:13,960 --> 00:06:16,599 Speaker 2: dollars from the sale of helly On shares as it 134 00:06:16,720 --> 00:06:19,919 Speaker 2: further reduces its stake in the UK consumer health company. 135 00:06:20,200 --> 00:06:23,120 Speaker 2: Holly On was formed from a combination of GSK and 136 00:06:23,160 --> 00:06:26,960 Speaker 2: Pfizer's consumer health units. The company makes a wide range 137 00:06:26,960 --> 00:06:31,080 Speaker 2: of products, including Pena Doll, pain relief tablets and Centrum vitamins. 138 00:06:31,360 --> 00:06:34,279 Speaker 3: Here's another company you've heard of, Karen Dell. Michael Dell 139 00:06:34,440 --> 00:06:38,240 Speaker 3: has unloaded more of his namesake company stock. He sold 140 00:06:38,320 --> 00:06:41,839 Speaker 3: ten million shares worth almost one and a quarter billion dollars. 141 00:06:42,120 --> 00:06:46,600 Speaker 3: It is his second significant sale in the month of September. Earlier, 142 00:06:46,640 --> 00:06:49,479 Speaker 3: Michael Dell sold ten million shares worth nearly one point 143 00:06:49,560 --> 00:06:53,000 Speaker 3: two billion dollars. Companies benefited from the wave of investor 144 00:06:53,040 --> 00:06:56,560 Speaker 3: interest in artificial intelligence companies. The stock has jumped fifty 145 00:06:56,600 --> 00:06:59,599 Speaker 3: five percent this year. Dell Technologies joined the S and 146 00:06:59,600 --> 00:07:02,320 Speaker 3: P five one hundred last week after a decade off 147 00:07:02,400 --> 00:07:03,040 Speaker 3: the index. 148 00:07:07,080 --> 00:07:08,320 Speaker 2: And it's time now for a look at some of 149 00:07:08,360 --> 00:07:11,000 Speaker 2: the other stories making news in New York and around 150 00:07:11,080 --> 00:07:13,920 Speaker 2: the world, and for that we're joined by Bloomberg's Michael 151 00:07:14,040 --> 00:07:15,800 Speaker 2: barg Good Tuesday morning, Michael. 152 00:07:15,680 --> 00:07:18,920 Speaker 11: Good morning to you, Karen. North Carolina Governor Roy Cooper 153 00:07:19,040 --> 00:07:23,640 Speaker 11: says that recovery from the catastrophic damage left behind by 154 00:07:23,720 --> 00:07:28,320 Speaker 11: Helene last week will be a monumental task, as several 155 00:07:28,360 --> 00:07:33,000 Speaker 11: towns and cities report severe, lasting damage to their infrastructure. 156 00:07:33,400 --> 00:07:35,400 Speaker 11: At least one hundred and thirty people are dead and 157 00:07:35,480 --> 00:07:40,239 Speaker 11: more than six hundred people are unaccounted for in Buncombe County, 158 00:07:40,640 --> 00:07:45,560 Speaker 11: where communications have been down and roads are impassable. Main 159 00:07:45,760 --> 00:07:50,120 Speaker 11: roads into Ashville were washed away or blocked by mudslides. 160 00:07:50,440 --> 00:07:54,040 Speaker 11: The city's water system is also badly damaged. This man, 161 00:07:54,080 --> 00:07:57,160 Speaker 11: who owns a car wash says his businesses in ruins. 162 00:07:57,560 --> 00:08:00,320 Speaker 7: Every piece of equipment I have is pretty much upside 163 00:08:00,320 --> 00:08:01,400 Speaker 7: down her sideways. 164 00:08:02,080 --> 00:08:03,880 Speaker 1: I've been told I'm not going to have power for 165 00:08:04,240 --> 00:08:05,560 Speaker 1: at least two weeks or so. 166 00:08:05,880 --> 00:08:08,880 Speaker 11: President Biden was asked about getting FEMA aid to people 167 00:08:08,920 --> 00:08:09,720 Speaker 11: who are stranded. 168 00:08:10,000 --> 00:08:11,640 Speaker 5: The question is not whether we get more. 169 00:08:12,200 --> 00:08:14,240 Speaker 10: There's a list of every resource for getting in there, 170 00:08:14,280 --> 00:08:16,120 Speaker 10: but the question is how to get it in. 171 00:08:16,800 --> 00:08:18,880 Speaker 8: It's hard to get it from point A to point B. 172 00:08:19,640 --> 00:08:21,720 Speaker 4: It's hard to get if some of the worlds you're 173 00:08:21,720 --> 00:08:22,240 Speaker 4: wiped out. 174 00:08:22,640 --> 00:08:26,120 Speaker 11: President Biden plans to survey the devastation in western North 175 00:08:26,160 --> 00:08:31,040 Speaker 11: Carolina tomorrow. Vice President Kamala Harris stopped by FEMA headquarters 176 00:08:31,040 --> 00:08:35,040 Speaker 11: in Washington as FEMA mounts recovery efforts in the aftermath 177 00:08:35,080 --> 00:08:38,760 Speaker 11: of Aleen. Harris thanked FEMA workers and said she plans 178 00:08:38,760 --> 00:08:40,160 Speaker 11: to visit the affected areas. 179 00:08:40,640 --> 00:08:43,480 Speaker 12: To everyone who has been impacted by this storm, and 180 00:08:43,559 --> 00:08:47,000 Speaker 12: to all of those of you who are rightly feeling 181 00:08:47,120 --> 00:08:52,080 Speaker 12: overwhelmed by the destruction and the loss, our nation is 182 00:08:52,160 --> 00:08:52,440 Speaker 12: with you. 183 00:08:53,160 --> 00:08:57,400 Speaker 11: Former President Donald Trump visited at Valdosta, Georgia, yesterday, one 184 00:08:57,440 --> 00:09:00,680 Speaker 11: of the many areas devastated by Helene out the region. 185 00:09:00,720 --> 00:09:04,720 Speaker 8: Our hearts are with you, and we are going to 186 00:09:04,760 --> 00:09:06,320 Speaker 8: be with you as long as you need. 187 00:09:06,760 --> 00:09:10,199 Speaker 11: Trump also claimed falsely and that Georgia's Governor Brian Kemp 188 00:09:10,440 --> 00:09:13,120 Speaker 11: had not been able to reach Joe Biden. Kemp refuted 189 00:09:13,160 --> 00:09:16,160 Speaker 11: Trump's allegation and says he talked with the president. Sunday, 190 00:09:16,920 --> 00:09:19,800 Speaker 11: Georgia judge struck down the state's abortion law, which took 191 00:09:19,800 --> 00:09:23,840 Speaker 11: effect in twenty twenty two. And effectively prohibited abortions beyond 192 00:09:23,880 --> 00:09:27,720 Speaker 11: about six weeks of pregnancy. Fulton County Superior Court Judge 193 00:09:27,800 --> 00:09:31,319 Speaker 11: Robert McBurnie wrote in his order that the law violates 194 00:09:31,360 --> 00:09:35,640 Speaker 11: Georgia's constitution and privacy protections. The news was welcomed by 195 00:09:35,760 --> 00:09:39,160 Speaker 11: Jalen Black, spokeswoman for Planned Parenthood Southeast. 196 00:09:39,520 --> 00:09:42,840 Speaker 2: Effective immediately in accordance with the law, we are providing 197 00:09:42,920 --> 00:09:44,800 Speaker 2: and expanding our abortion healthcare. 198 00:09:45,120 --> 00:09:48,600 Speaker 11: Georgia Attorney General confirms that they are planning to appeal 199 00:09:48,640 --> 00:09:51,320 Speaker 11: the decision. Global News twenty four hours a day and 200 00:09:51,440 --> 00:09:54,160 Speaker 11: whenever you want it with Bloomberg News Now. I'm Michael Barr. 201 00:09:54,200 --> 00:09:55,160 Speaker 11: This is Bloomberg Krent. 202 00:09:55,320 --> 00:09:56,640 Speaker 1: All right, Michael Barr, thank you. 203 00:10:01,559 --> 00:10:04,200 Speaker 2: At his time now for the Bloomberry Sports Update, brought 204 00:10:04,200 --> 00:10:05,800 Speaker 2: to you by Tri State Audi. 205 00:10:05,840 --> 00:10:08,600 Speaker 1: And here's John Stashauer. John, good morning, Good morning, Karen. 206 00:10:08,679 --> 00:10:10,960 Speaker 7: Since news last night of the passing of Pete Rose, 207 00:10:11,000 --> 00:10:14,200 Speaker 7: it's been said by many that he lived a complicated life. 208 00:10:14,200 --> 00:10:16,960 Speaker 7: His playing career was legendary, played in more games than anyone, 209 00:10:17,040 --> 00:10:20,440 Speaker 7: had the most hits four two hundred and fifty six. 210 00:10:20,520 --> 00:10:22,960 Speaker 7: The complication came in the late nineteen eighties, when Rose 211 00:10:23,040 --> 00:10:25,760 Speaker 7: was managing the Cincinnati Reds, the team that he had 212 00:10:25,760 --> 00:10:28,800 Speaker 7: started for. As details of his gambling came out, Rose 213 00:10:28,840 --> 00:10:31,360 Speaker 7: agreed to a lifetime band and the Hall of Fame 214 00:10:31,800 --> 00:10:35,360 Speaker 7: changed its rules to not allow anyone banned to be considered 215 00:10:35,360 --> 00:10:37,920 Speaker 7: for induction. It took Rose fifteen years to finally admit 216 00:10:38,000 --> 00:10:40,520 Speaker 7: that he gambled on baseball. He also served five months 217 00:10:40,559 --> 00:10:44,040 Speaker 7: in prison for tax evasion. Pete Rose Charlie Hustle was 218 00:10:44,080 --> 00:10:46,640 Speaker 7: eighty three. It's been called the greatest regular season game 219 00:10:46,679 --> 00:10:48,720 Speaker 7: in Mets history, and Atlanta needed one win to make 220 00:10:48,720 --> 00:10:52,160 Speaker 7: the playoffs. The Mets shutout for seven innings, scored six runs, 221 00:10:52,160 --> 00:10:54,360 Speaker 7: and the eighth gave up four in the bottom of 222 00:10:54,360 --> 00:10:56,880 Speaker 7: the eighth. The Mets were then two outs from defeat. 223 00:10:57,679 --> 00:11:00,400 Speaker 5: His first pitch to lend Or swear at a fly 224 00:11:00,559 --> 00:11:03,839 Speaker 5: pah Well hit right center, Harris going back. It's on 225 00:11:04,040 --> 00:11:08,120 Speaker 5: the way that is gone. The end of the Brave 226 00:11:08,320 --> 00:11:15,000 Speaker 5: bullpadd and light center field. Francisco Lindor has an emptyp moment. 227 00:11:15,120 --> 00:11:18,480 Speaker 5: Whether he wins water or not, PS just put the 228 00:11:18,480 --> 00:11:20,880 Speaker 5: match back on top eight to seven. 229 00:11:21,360 --> 00:11:23,520 Speaker 7: That was the fun on I was Awi Rose, Metz 230 00:11:23,600 --> 00:11:25,960 Speaker 7: Radio Edwin Diaz gave up the lead in the eighth inning, 231 00:11:26,000 --> 00:11:28,000 Speaker 7: but still got the save of the night. The Braves 232 00:11:28,040 --> 00:11:30,199 Speaker 7: also playoff found as they won the second game of 233 00:11:30,200 --> 00:11:32,920 Speaker 7: the double Hutter three nothing. The postseason begins today. The 234 00:11:33,000 --> 00:11:35,960 Speaker 7: Mets played game one of the best of three in Milwaukee, 235 00:11:36,360 --> 00:11:37,920 Speaker 7: starting at five thirty two Monday. 236 00:11:37,960 --> 00:11:38,240 Speaker 11: Nighters. 237 00:11:38,240 --> 00:11:40,840 Speaker 7: Tennessee won thirty one to twelve at Miami. Both teams 238 00:11:40,840 --> 00:11:43,920 Speaker 7: are one and three. Detroit beat Seattle forty two to 239 00:11:43,960 --> 00:11:46,720 Speaker 7: twenty nine. Both or three and one Lions QB Jared 240 00:11:46,720 --> 00:11:51,240 Speaker 7: gone through eighteen passes completed all eighteen. That's an NFL record. 241 00:11:51,520 --> 00:11:54,840 Speaker 7: Also passing away yesterday NBA Hall of Famer to Kembe Mutumbo, 242 00:11:54,840 --> 00:11:56,000 Speaker 7: who had battled brain cancer. 243 00:11:56,080 --> 00:11:56,920 Speaker 11: He was fifty eight. 244 00:11:57,280 --> 00:11:59,640 Speaker 7: John Stashaway, Bloomberg Sports Karendona. 245 00:12:00,000 --> 00:12:02,400 Speaker 2: All right, John, thank you, and the Bloomberg Sports Update 246 00:12:02,559 --> 00:12:05,040 Speaker 2: is brought to you by Audi. Visit your tri state 247 00:12:05,080 --> 00:12:07,600 Speaker 2: Audi dealer today and get behind the wheel of the 248 00:12:07,600 --> 00:12:09,480 Speaker 2: Audi model you've always wanted. 249 00:12:12,280 --> 00:12:16,320 Speaker 11: Coast to coast on Bloomberg Radio nationwide on Sirius XM, 250 00:12:16,520 --> 00:12:19,440 Speaker 11: and around the world on Bloomberg dot Com and the 251 00:12:19,480 --> 00:12:20,720 Speaker 11: Bloomberg Business app. 252 00:12:20,920 --> 00:12:22,920 Speaker 1: This is Bloomberg Daybreak. 253 00:12:23,120 --> 00:12:25,640 Speaker 3: Good morning, I'm Nathan Hager on the morning before what 254 00:12:25,760 --> 00:12:28,720 Speaker 3: could be the final debate ahead of a presidential election 255 00:12:28,800 --> 00:12:32,080 Speaker 3: that is now just five weeks away. Republican jd Vance 256 00:12:32,080 --> 00:12:34,960 Speaker 3: and Democrat Tim Waltz square off tonight in the CBS 257 00:12:35,000 --> 00:12:37,960 Speaker 3: News vice presidential debate. Ahead of it, we are joined 258 00:12:37,960 --> 00:12:41,760 Speaker 3: by Jennifer Lawless, professor and sheriff politics at the University 259 00:12:41,880 --> 00:12:45,520 Speaker 3: of Virginia. Jennifer, good morning, and just in time for 260 00:12:45,640 --> 00:12:48,840 Speaker 3: this debate, we have a major port strike underway. What 261 00:12:49,080 --> 00:12:52,959 Speaker 3: is the potential of political impact of this port strike 262 00:12:53,000 --> 00:12:57,720 Speaker 3: with the economy front and centers for so many voters, Well. 263 00:12:57,559 --> 00:12:58,120 Speaker 6: Good morning. 264 00:12:58,640 --> 00:13:02,120 Speaker 13: If the strike lasts couple of days, voters probably won't 265 00:13:02,160 --> 00:13:05,400 Speaker 13: feel much. The businesses can pick up the slack, there 266 00:13:05,440 --> 00:13:08,680 Speaker 13: won't be that many layoffs in the transportation industry, and 267 00:13:08,880 --> 00:13:11,240 Speaker 13: things will probably be fine. But if it lasts longer 268 00:13:11,240 --> 00:13:14,040 Speaker 13: than that, people don't need to think back that far 269 00:13:14,160 --> 00:13:17,199 Speaker 13: to the supply chain ishes they remember during the pandemic, 270 00:13:17,600 --> 00:13:22,400 Speaker 13: and that obviously doesn't help the Democrats as people go. 271 00:13:22,400 --> 00:13:22,960 Speaker 1: To the polls. 272 00:13:23,280 --> 00:13:25,480 Speaker 3: Do you expect this to play into the debate with 273 00:13:25,559 --> 00:13:28,880 Speaker 3: an economic focus so much front and center. 274 00:13:30,600 --> 00:13:34,640 Speaker 13: I do, but I also expect both candidates to link 275 00:13:34,679 --> 00:13:38,360 Speaker 13: it to their own economic policies and to provide voters 276 00:13:38,400 --> 00:13:41,040 Speaker 13: with the confidence that they think they need to not 277 00:13:41,160 --> 00:13:44,920 Speaker 13: let this really affect the messaging going into November. What 278 00:13:45,040 --> 00:13:47,640 Speaker 13: makes it difficult, of course, is that we're only within 279 00:13:47,679 --> 00:13:50,160 Speaker 13: the first twenty four hours of the strike, so it's 280 00:13:50,160 --> 00:13:52,000 Speaker 13: hard to know what the future will look like. 281 00:13:52,440 --> 00:13:56,240 Speaker 3: We've heard so much messaging leading up into this debate 282 00:13:56,360 --> 00:14:00,120 Speaker 3: that can fit into really tiny soundbites for both candidates. 283 00:14:00,120 --> 00:14:02,800 Speaker 3: Tim Waltz is called Ja d Vance and former President 284 00:14:02,840 --> 00:14:07,719 Speaker 3: Trump weird. Jd Vance has been talking about Haitian migrants 285 00:14:07,880 --> 00:14:12,280 Speaker 3: eating people's pets. Where do you see this debate going. 286 00:14:12,640 --> 00:14:15,959 Speaker 3: Can it focus on substance or are we going to 287 00:14:16,040 --> 00:14:18,520 Speaker 3: get a fiery personality play tonight. 288 00:14:20,000 --> 00:14:22,200 Speaker 1: I think it'll probably be a little of both. 289 00:14:22,720 --> 00:14:26,200 Speaker 13: Unlike the presidential debates both that Donald Trump had with 290 00:14:26,320 --> 00:14:29,640 Speaker 13: Joe Biden and Kamala Harris, the microphones will not be muted, 291 00:14:30,040 --> 00:14:33,040 Speaker 13: so the candidates will be able to engage with one 292 00:14:33,040 --> 00:14:35,280 Speaker 13: another a little bit more directly than we've seen in 293 00:14:35,320 --> 00:14:40,080 Speaker 13: the past. Moreover, we know that both candidates have been very, 294 00:14:40,160 --> 00:14:43,720 Speaker 13: very outspoken when it comes to their opponents, which means 295 00:14:43,760 --> 00:14:46,160 Speaker 13: that when JD. Vance says something that Tim Walls does 296 00:14:46,200 --> 00:14:48,280 Speaker 13: not like or that he thinks might not resonate with 297 00:14:48,320 --> 00:14:51,400 Speaker 13: the American people, It's likely that Tim Walls will call 298 00:14:51,480 --> 00:14:54,000 Speaker 13: him a name like weird. And when Tim Wall says 299 00:14:54,000 --> 00:14:57,640 Speaker 13: something that JD. Vance thinks is not true or not accurate, 300 00:14:57,680 --> 00:15:01,120 Speaker 13: perhaps regarding his military record, likely that Vance will step 301 00:15:01,160 --> 00:15:03,520 Speaker 13: in and interrupt as well. So my expectation as there 302 00:15:03,560 --> 00:15:06,920 Speaker 13: will be a few more explicit fireworks between the candidates. 303 00:15:07,280 --> 00:15:10,960 Speaker 3: Yeah, the vice presidential candidates tend to act as attack dogs, 304 00:15:11,000 --> 00:15:13,320 Speaker 3: but when you have two candidates like this who are 305 00:15:13,360 --> 00:15:16,400 Speaker 3: so far apart, not just politically but in the polls 306 00:15:16,560 --> 00:15:18,760 Speaker 3: in terms of likability, is there a risk of that 307 00:15:18,840 --> 00:15:22,680 Speaker 3: attack dog role going too far and potentially affecting things 308 00:15:23,080 --> 00:15:23,600 Speaker 3: up ticket. 309 00:15:25,000 --> 00:15:28,920 Speaker 13: Well, it's difficult to see how JD. Vance's popularity could 310 00:15:29,000 --> 00:15:32,960 Speaker 13: go any lower. He's among the most unpopular candidates heading 311 00:15:32,960 --> 00:15:36,320 Speaker 13: into election day that we've ever experienced, and Donald Trump 312 00:15:36,360 --> 00:15:38,840 Speaker 13: really doesn't seem to be taking a hit because of him. 313 00:15:38,920 --> 00:15:42,080 Speaker 13: Voters seem to be able to differentiate Dvance from Trump. 314 00:15:42,480 --> 00:15:45,280 Speaker 13: As far as Tim Walls is concerned, he is very likable, 315 00:15:45,320 --> 00:15:47,880 Speaker 13: so he needs to make sure that he remains affable 316 00:15:47,960 --> 00:15:50,360 Speaker 13: in delivering those attacks, but he's been doing that on 317 00:15:50,400 --> 00:15:52,920 Speaker 13: the campaign trail for several months now and seems to 318 00:15:53,000 --> 00:15:55,200 Speaker 13: understand that role and how to perfect it. 319 00:15:56,000 --> 00:15:59,200 Speaker 3: Just the fact that this could be the last debate 320 00:15:59,440 --> 00:16:04,920 Speaker 3: before the election, does that put more stakes on how 321 00:16:04,960 --> 00:16:07,960 Speaker 3: these candidates need to perform. Tonight got about a minute left. 322 00:16:08,880 --> 00:16:12,600 Speaker 13: Well, the reality is that vice presidential debates typically don't 323 00:16:12,640 --> 00:16:15,440 Speaker 13: decide elections. They usually don't move the needle much at all. 324 00:16:15,720 --> 00:16:18,280 Speaker 13: But this is the last opportunity for the campaigns in 325 00:16:18,320 --> 00:16:21,720 Speaker 13: front of a very large viewing national audience can make 326 00:16:21,760 --> 00:16:24,800 Speaker 13: their case. So my expectation is that Dance is going 327 00:16:24,840 --> 00:16:28,520 Speaker 13: to really hammer home the Trump concern the Trump team's 328 00:16:28,520 --> 00:16:32,520 Speaker 13: concerns about the economy, immigration and crime, and walls. Is 329 00:16:32,560 --> 00:16:35,320 Speaker 13: going to do his best to demonstrate not only that 330 00:16:35,520 --> 00:16:39,120 Speaker 13: Harris Walld administration is different from a Biden Harris administration, 331 00:16:39,560 --> 00:16:42,360 Speaker 13: but also that reproductive rights and civil rights and civil 332 00:16:42,360 --> 00:16:43,760 Speaker 13: liberties are on the ballot. 333 00:16:43,800 --> 00:16:47,720 Speaker 2: On Tuesday, on Election Day, this is Bloombergy Daybreak, your 334 00:16:47,800 --> 00:16:51,080 Speaker 2: morning podcast on the stories making news from Wall Street 335 00:16:51,120 --> 00:16:52,600 Speaker 2: to Washington and beyond. 336 00:16:52,840 --> 00:16:55,240 Speaker 3: Look for us on your podcast feed by six am 337 00:16:55,280 --> 00:16:58,680 Speaker 3: Eastern each morning on Apple, Spotify, or anywhere else you listen. 338 00:16:58,920 --> 00:17:02,040 Speaker 2: You can also listen each morning starting at five am 339 00:17:02,120 --> 00:17:04,560 Speaker 2: Wall Street Time on Bloomberg eleven three to zero in 340 00:17:04,640 --> 00:17:07,400 Speaker 2: New York, Bloomberg in ninety nine to one in Washington, 341 00:17:07,480 --> 00:17:11,440 Speaker 2: Bloomberg ninety two nine in Boston, and nationwide on serious 342 00:17:11,640 --> 00:17:13,200 Speaker 2: XM Channel one twenty one. 343 00:17:13,560 --> 00:17:16,320 Speaker 3: Plus listen coast to coast on the Bloomberg Business app 344 00:17:16,359 --> 00:17:19,160 Speaker 3: now with Apple CarPlay and Android Atto interfaces. 345 00:17:19,400 --> 00:17:22,400 Speaker 2: And don't forget to subscribe to Bloomberg News Now. 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