Speaker 1: Live from the Bloomberg Interacted Burger Studios is Bloomberg day
Speaker 1: Break for a Friday, November four two, Coming up the shower.
Speaker 1: Wall Street braces for the October jobs report. Apple is
Speaker 1: the latest company to put the brakes on hiring. Twitter
Speaker 1: plans job cuts today as it gets hit by a
Speaker 1: class action lawsuit over the firings, and Donald Trump gives
Speaker 1: his strongest signal yet that he plans to run for
Speaker 1: president in the NYPD as the rest of the suspect
Speaker 1: in the rape of a Manhattan jogger, plus New Jersey
Speaker 1: Governor Murphy warns of a credible threat to syntaggues Michael Larer.
Speaker 1: More Ahead, I'm John stash Our on Sports at Kyrie
Speaker 1: Irving suspension followed by an apology of the Astros beat
Speaker 1: the Phillies to take the lead in the world Series.
Speaker 1: That's all Train ahead on Bloomberg day Break on Bloomberg.
Speaker 1: He Living Free on New York Bloomberg one, Washington d
Speaker 1: C Bloomberg one oh six one, Boston Bloomberg nine sixties
Speaker 1: and Francisco Syrius Exam one nineteen and around the World
Speaker 1: Old on Bloomberg Radio dot Com and by other Bloomberg
Speaker 1: business app and good morning. I'm Karen Moscow. I'm Nathan
Speaker 1: Hagar Bloomberg Day Bright brought to you by Cone Residuc
Speaker 1: Advisory Assurance, Tax business strategies, financial intelligence viewpoints, all in
Speaker 1: one place. Visit Cone residuc c suite dashboard, Cone residuc
Speaker 1: dot com, slash c suite and futures are jumping on
Speaker 1: this Friday morning, six so one on Wall Street, and
Speaker 1: we check the markets every fifteen minutes throughout the trading day.
Speaker 1: On bloomberg SMP Future is up twenty three points, dal
Speaker 1: Future is up on seven and NASDAG futures of seventy
Speaker 1: five ten year treasury of three thirty seconds, he had
Speaker 1: four point one three percent and the yield on the
Speaker 1: two year four point seven four percent. Nathan Karen. A
Speaker 1: busy week on the economic calendar wraps up this morning
Speaker 1: with the October Jobs report. Economists forecast the game of
Speaker 1: a hundred ninety five thousand pay rolls with an unemployment
Speaker 1: rate of three point six percent. We get a preview
Speaker 1: from Bloomberg's Michael McKee. Today's jobs figures could have a
Speaker 1: major or impact on markets, but likely only if they
Speaker 1: come in stronger than forecast. The Fed is looking for deceleration,
Speaker 1: and if we get slower job creation and a higher
Speaker 1: unemployment rate, that would be perceived as good news. Fed
Speaker 1: policymakers expect the job less rate to rise, but though
Speaker 1: they've raised the nation's benchmark interest rate by three seventy
Speaker 1: five basis points this year, so far, it hasn't budged
Speaker 1: stronger than forecast numbers would suggest. The Fed has to
Speaker 1: raise rates higher than markets currently expect, and there would
Speaker 1: be a rush to reprice. Still, with three inflation reports
Speaker 1: and another job's number before the Fed meets again, any
Speaker 1: big reaction today may be short lived. Michael McKee, Bloomberg
Speaker 1: Daybreak Mike. Thanks to complete coverage and analysis of the
Speaker 1: job's report at eight thirty am Wall Street time. When
Speaker 1: it arrives an hour later, we will speak live with
Speaker 1: Labor Secretary Marty Wall Sean Bloomberg Radio and Television. Well, Nathan,
Speaker 1: we're seeing more tent companies pull back on hiring. The
Speaker 1: latest evidence of that is at Apple, the iPhone maker
Speaker 1: is hitting pause on most positions outside of research and development.
Speaker 1: Let me get a story from Bloomberg's Charlie Pellett. Sources
Speaker 1: say it's an escalation of an existing plan to reduce
Speaker 1: budgets heading into next year. Apple joins other technology giants
Speaker 1: in tapping the brakes on hiring a response to sluggish
Speaker 1: consumer spending and higher interest rates. The iPhone maker has
Speaker 1: fared better than many tech peers this year, but it's
Speaker 1: still facing an industry wide slowdown for smartphones and computers.
Speaker 1: In a statement, Apple said it does continue to hire, quote,
Speaker 1: but given the current economic environment, we're taking a very
Speaker 1: deliberate approach in some parts of the business. In New York.
Speaker 1: Charlie Pellett Bloomberg day Break, Okay, Charlie, thank you. On
Speaker 1: Twitter plans to start cutting staff today. As we've been reporting,
Speaker 1: the new owner, Elon Musk, plans to eliminate half the
Speaker 1: people who work at the social media platform. Those plan
Speaker 1: layoffs have now prompted a class action lawsuit accusing Twitter
Speaker 1: of violating a federal law that requires at least sixty
Speaker 1: days notice before mass firings. Well, the hiring sweet isn't
Speaker 1: just in the tech sector. Nathan Coca Cola is offering
Speaker 1: voluntary buyouts to some of its staff in North America.
Speaker 1: The bear ridge maker currently employees about six thousand people
Speaker 1: on the continent. Coke is not saying which positions or
Speaker 1: how many will be affected or eliminated. You could call
Speaker 1: this job news of a political kind, Karen. Former President
Speaker 1: Donald Trump is sending his strongest signal yet that he
Speaker 1: plans to run for the White House again in four
Speaker 1: Amy Morris has the details from our Bloomberg newsroom in Washington.
Speaker 1: Trump has teased for months that he plans to make
Speaker 1: another White House run, but during last night's rally in Iowa,
Speaker 1: he all but declared his candidacy. In order to make
Speaker 1: our country successful and safe and glorious, I will very,
Speaker 1: very very probably do it again. His former advisor, Kelly
Speaker 1: and Conway, says she expects Trump to announce soon, likely
Speaker 1: after Tuesday's elections. The rally was billed as an event
Speaker 1: supporting Republican Senator Chuck Grassley and other endorsed candidates. It
Speaker 1: also happens to be the state that holds the first
Speaker 1: presidenti CAUCUSUS. Trump is also scheduled to hold rallies in Pennsylvania, Florida,
Speaker 1: and Ohio in Washington, I'm Amy Morris, Bloomberg Daybreak. All right, Amy,
Speaker 1: thank you all. Turning back to the markets now, stunts
Speaker 1: in Asia rose overnight as Chinese tex shares rebounded more
Speaker 1: than ten percent. Do we get the recap from Bloomberg?
Speaker 1: Juliett Sally and Singapore, Good morning, juliet, Good morning, Nathan
Speaker 1: and Karen. The m c I Asia Pacific Index headed
Speaker 1: for its biggest weekly jump since July, as Chinese assets
Speaker 1: rallied amid investors speculation Beijing may roll back it's COVID
Speaker 1: zero policy. Chinese stocks listed in Hong Kong had their
Speaker 1: best week since twenty eleven. The off show you Un
Speaker 1: jumped more than one percent against the dollar, but Japanese
Speaker 1: ses were a dragon Asia as investors in Tokyo played
Speaker 1: catch up after Thursday's holiday. In Singapore Juliette Sally, Bloomberg Daybreak,
Speaker 1: Juliette Thanks. In Europe, Britain's headed for a deep procession
Speaker 1: that could lead to more than a half million people
Speaker 1: losing their jobs. Some of the Bank of England's message
Speaker 1: yesterday as it raised interest rates by seventy bases points
Speaker 1: to a fourteen year high of three percent. EOE Governor
Speaker 1: Andrew Bailey is defending the rate hike. The fact that
Speaker 1: we've done something to five today. Nobody should read into it.
Speaker 1: That's the new norm. I don't think you know, people
Speaker 1: we should surprised when they see that. Yeah, we're on
Speaker 1: the fete of looking at things through slightly different lenses.
Speaker 1: Bank of England Governor Andrew Bailey made those comments in
Speaker 1: an interview with Bloomberg's franc laquix Well. Back here in
Speaker 1: the US, Nathan New York City's new pay transparency law
Speaker 1: has a blind spot Wall Street bonuses. The new law
Speaker 1: requires local employers to make a best estimate of their
Speaker 1: salary range and job postings. The idea is it will
Speaker 1: give candidates a stronger hand in negotiating compensation, but bonuses
Speaker 1: are exempt from the law even though they make up
Speaker 1: the bulk of Wall Street pay. Okay, let's look at
Speaker 1: some stocks that may be on the move on Wall
Speaker 1: Street today. Karen Shares of Starbucks are now more than
Speaker 1: three percent. In early trading, the company reported sales that
Speaker 1: exceeded expectations. PayPal shares right now are down about seven percent.
Speaker 1: The payment platform trimmed its forecast for annual revenue amid
Speaker 1: a slow down in spending growth, and shares of Block
Speaker 1: are hired by almost fourteen and a half percent. The
Speaker 1: company formerly known as Square, reported revenue above analyst estimates.
Speaker 1: SMP futures are highed by twenty four points. Right now,
Speaker 1: NASDAC futures up seventy eight. Straight ahead your latest local
Speaker 1: headlines and a check of sports. This is Bloomberg. It
Speaker 1: sounds like so seven on Wall Street or a fifty
Speaker 1: three degrees in Central Park. You've got two accidents on
Speaker 1: the westbound Belt park Way that Peter Vandell fill you
Speaker 1: in on shortly. First, Michael Bars here with more on
Speaker 1: what's going on in New York and around the world. Michael,
Speaker 1: thank you very much. Nathan, the NYPD says a man
Speaker 1: with more than a dozen prior arrests has been taken
Speaker 1: into custody for allegedly raping a woman on a jogging
Speaker 1: path along the Hudson River in Manhattan's Lower west Side yesterday.
Speaker 1: The victim was able to flag down another jogger for
Speaker 1: help after the incident. She was bleeding on her arms
Speaker 1: and she was wearing any shoes. Her clothes were kind
Speaker 1: of torn up, but I could tell that they were workout.
Speaker 1: Police say. After the attack, the suspect, Carl Fayner, took
Speaker 1: the victim's wallet and was arrested at a target store
Speaker 1: using the victim's card. The midterm elections will be held
Speaker 1: this Tuesday across the country, with many tight races that
Speaker 1: will decide the balance of power in Congress. Republican Congressman
Speaker 1: Andy Barr of Kentucky people are ready for a big change.
Speaker 1: I anticipate a red tidal wave election, and not just
Speaker 1: here in Kentucky, but around the country in battleground districts
Speaker 1: for the control of the Congress. I anticipate a not
Speaker 1: only the voters will make a change in the majority
Speaker 1: and put Republicans in charge, but it's gonna be a
Speaker 1: big win Congressman bar On Bloomberg's balance of power. The
Speaker 1: race in Pennsylvania is being watched very closely, as Democrat
Speaker 1: John Fetterman and Republican memitaz Or neck and neck. According
Speaker 1: to the latest polls, he could determine control of the U. S. Senate. Meanwhile,
Speaker 1: Oprah Winfrey, who helped make Doctor as a household Dame
Speaker 1: on TV, says she is backing Fetterman in the ace.
Speaker 1: The race for New York's eighteenth congressional district is also
Speaker 1: being watched. Democratic Congressman Pat Ryan is up against new
Speaker 1: York Republican Assemblyman Colin Schmidt. Ryan talked about abortion and
Speaker 1: the Supreme Court overturning Roe v. Wade. Unequivocally, it is
Speaker 1: one of the It's not the only issue, of course,
Speaker 1: but it is one of the most salient issues. That
Speaker 1: people are rightly outraged that fellow Americans fundamental rights and
Speaker 1: freedoms were ripped away. Colin Schmidt, the issues that are
Speaker 1: playing out here are the economy and crime. That is
Speaker 1: the main two issues. They're almost tied in importance to
Speaker 1: the voters when we hear about it. Schmidt and Ryan
Speaker 1: spoke on sound On, which airs at five pm on Bloomberg.
Speaker 1: Governor Phil Murphy says authorities are closely monitoring a credible
Speaker 1: threat to New Jersey synagogues. Murphy says law enforcement officials
Speaker 1: have stepped up patrols. No word on what information officials
Speaker 1: had received. Global News twenty four hours a day on
Speaker 1: airand on Bloomberg Quicktake Power by more than a journalist
Speaker 1: and analyst in more than a d twenty countries. I'm
Speaker 1: Michael Bart. This is Bloomberg. Nathan. Thanks Michael. Going up
Speaker 1: to Sixten on Wall Street. Time for the Bloomberg Sports
Speaker 1: update brought to you by Tri State Outing with John
Speaker 1: Sechel Ran Nathan Another eventful day in the life of
Speaker 1: Kyrie Irving and again and NETS practice, after which Irving
Speaker 1: met the media for the first time since last Saturday.
Speaker 1: He said plenty, but like last Saturday, at no time
Speaker 1: apologized for that posting of the anti Semitic video that
Speaker 1: angered NBA Commissioner Adam Silver and it angered the NETS,
Speaker 1: who suspended Irving for at least five games, they said
Speaker 1: until he satisfies a series of measures. Four hours later,
Speaker 1: there was an apology in an online post, so it's
Speaker 1: not known if Kyrie will play for the next tonight
Speaker 1: in Washington at the World Series. After games there were
Speaker 1: seven nothing and five nothing, which was a no hitter.
Speaker 1: Tight Game five in Philadelphia, the Astro scored on the
Speaker 1: fourth pitch at the top of the first and in
Speaker 1: the Phillies scored on Justin Verlander's second pitch to the bottom.
Speaker 1: A Cloud Swarbler home run won one and the fourth.
Speaker 1: Here's the two too, swinging and a drive down the
Speaker 1: left field line. Warber back, He's on the morning track
Speaker 1: and that is out of air. Jeremy Paenia over and
Speaker 1: out the Astros lead two to one as Paenia shoots
Speaker 1: the ray bow to last. He may have the calf
Speaker 1: ainto the rookie short Step had three hits, drove into
Speaker 1: and the Astros beat the Phillies three too with verland
Speaker 1: Or finally getting the World Series win. He came in
Speaker 1: o Wan six with a six t r A game
Speaker 1: six tomorrow night in Houston, also Philadelphia versus used to
Speaker 1: the NFL. The Eagles stay undefeated and beat the Texans seventeen.
Speaker 1: Bruins beat the Rangers five to two. Islanders and Devils
Speaker 1: both won on the road, and to both won five
Speaker 1: in a row. John stashually, we're Bloomberg Sports, Nath John,
Speaker 1: thank you right now. S and P futures are up
Speaker 1: twenty one point, South futures up a hundred thirty three,
Speaker 1: NESSECT futures up sixty eight points. As we await October payrolls.
Speaker 1: We'll preview the data next with Bloomberg's Michael McKee. This
Speaker 1: is Bloomberg and Bloomberg Sports is brought to you by Audie.
Speaker 1: Don't let someone else drive off in the autie model
Speaker 1: you've always wanted. Visit your local price state autie dealer
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Speaker 1: Com and Bloomberg Business Out and at Bloomberg Quick Tape.
Speaker 1: This is a Bloomberg Business Flash and I'm Karin Moscow.
Speaker 1: This update is brought to you by B and Why
Speaker 1: Melons b and Why Melons Perishing. Learn why the world's
Speaker 1: most sophisticated wealth management and institutional firms rely on perishing
Speaker 1: to help them improve profitability, create efficiency, attract talent, and
Speaker 1: manage risk at Pershing dot com. But global equities are
Speaker 1: trimming a weekly loss as Chinese shares search I mean
Speaker 1: science authorities are trying harder to ease the impact of
Speaker 1: its COVID zero policy. Treasuries are a little change before
Speaker 1: today's jobs data who checked the markets every fifteen minutes
Speaker 1: throughout the trading day On Bloomberg SMP Future is up
Speaker 1: twenty two points this morning. Down futures have a hundred
Speaker 1: thirty nine nwasdack Future is up sixty eight. The decks
Speaker 1: in Germany's have one point three percent ten. Your treasury
Speaker 1: little change YELD four point one four percent they yield
Speaker 1: on the two year four point seven four percent. Nine
Speaker 1: X screwed oil is up three percent of two dollars
Speaker 1: sixty nine cents at ninety dollars, eighty seven cents of
Speaker 1: barrel comic schooled at one point one percent or eighteen
Speaker 1: dollars ten cents at sixteen forty nine and ounce. The
Speaker 1: euro point nine seven eight zero against the dollar British
Speaker 1: found one point one two to one and the yen
Speaker 1: one forty seven point eight three and been going up
Speaker 1: one point six percent at twenty thousand, five hundred fifty dollars.
Speaker 1: That's a Bloomberg business flash. Now here's Michael Barr with
Speaker 1: more on what's going on around the world. Michael Daren,
Speaker 1: thank you very much. Former President Donald Trump sent the
Speaker 1: strongest signal yet that he plans to run again in
Speaker 1: twe four at a rally in Sioux City, Iowa. Trump
Speaker 1: falsely claimed again that the election was rigged. Chinese President
Speaker 1: Shi jing Ping has called for peace talks over Ukraine
Speaker 1: and warned against the conflict going nuclear in a meeting
Speaker 1: with German Chancellor Olof Schultz. The German leader is in
Speaker 1: Beijing for one day visit. In the NBA. The net
Speaker 1: Sky re Irving has apologized after being suspended for at
Speaker 1: least five games for failing to disavow anti Semitism when
Speaker 1: he was given an opportunity to do so. Asked for
Speaker 1: the games. The Warriors lost, The Astros are a game
Speaker 1: away from winning the World Series. Game five used to
Speaker 1: beat the Phillies three to Thursday Night Football, the Eagles
Speaker 1: down the Texans seventeen. In the NHL, the Bruins beat
Speaker 1: the Rangers three one. The Islanders and Devils won, the
Speaker 1: Capitols lost. Global news twenty four hours a day on
Speaker 1: air and on Bloomberg Quicktake, powered by more than twenty
Speaker 1: seven hundred journalists and analysts, are more than a hundred
Speaker 1: twenty countries. Michael bar this is Bloomberg. Nathan all right, Michael,
Speaker 1: thank you. We're coming up to six twenty on Wall
Speaker 1: Street Live from the Bloomberg Attractive Broker Studios. This is
Speaker 1: Bloomberg day Break on this job's Friday. We are joined
Speaker 1: ahead of the data by Bloomberg Global Economics and Policy
Speaker 1: correspondent Michael McKee. Will be breaking down the numbers for
Speaker 1: us later on eight thirty am Wall Street Time when
Speaker 1: we get them from the Labor Department. But ahead of that, Mike,
Speaker 1: the economists we've been talking to our forecasting a little
Speaker 1: more moderation in the labor market. I just spoke with
Speaker 1: b MOS Jennifer Lee an hour ago, asked her whether
Speaker 1: this print is gonna have an effect on what the
Speaker 1: Fed does next month. Her quick answer was no, But
Speaker 1: the Fed's got to be looking at whether what it's
Speaker 1: doing is starting to have an impact on the labor market. Well,
Speaker 1: I can guess why her answer was no, and that's
Speaker 1: because we have another job's report and a couple more
Speaker 1: consumer price index reports before the next FED meeting, so
Speaker 1: things could change. But uh, that's why I'm saying this
Speaker 1: is uh not as important a jobs report as we
Speaker 1: have seen from some recently, but it is one that
Speaker 1: could have a big effect on the markets because after
Speaker 1: j Powell news conference on Wednesday, where he suggested defense
Speaker 1: terminal rates going to have to be higher, markets are
Speaker 1: struggling to figure out where that terminal rate is. And
Speaker 1: if we get a stronger than expected report today, then
Speaker 1: you could see rather dramatic reactions, shall we say, in
Speaker 1: the bond and stock markets. It may not be long lived,
Speaker 1: but it will be uh. Definitely a negative if we
Speaker 1: get a big number. Are we seeing any signs in
Speaker 1: the data ahead of this report that we could get
Speaker 1: as stronger than expected overall number later on? I mean,
Speaker 1: we just got weekly jobless claims that are, you know,
Speaker 1: still somewhat elevated, but they're trending downward as well, aren't
Speaker 1: they they are. We also got some stronger news in
Speaker 1: the sense from uh the I s M Manufacturing report
Speaker 1: and the ADP report, which what he quite knows how
Speaker 1: to read these days, was also stronger to keep changing it. Yeah,
Speaker 1: the question is does the I s M Services number,
Speaker 1: which saw a contraction in jobs, mean more than any
Speaker 1: of those and uh, what does it all mean? We're
Speaker 1: all waiting to find out. Also, we're looking at the
Speaker 1: unemployment rate. The Fed has forecast it will go up,
Speaker 1: and private sector forecasters are anticipating it going up a
Speaker 1: lot more than the Fed. But it hasn't budged, even
Speaker 1: though the Feds raised rates by three five basis points
Speaker 1: so far this year. So when does that start to happen?
Speaker 1: Our consensus calls for a three point six percent that's
Speaker 1: a tick up from three and a half, but doesn't
Speaker 1: go higher than that or does it still hold? There
Speaker 1: are some economists who think that the labor market is
Speaker 1: tight enough that it could fall. It's pretty interesting, isn't
Speaker 1: it that when we are in this cycle where we've
Speaker 1: seen unprecedented rate hikes four seventy basis point moves in
Speaker 1: a row, that we're still kind of stuck in this
Speaker 1: range on a really low unemployment rate. What are the
Speaker 1: economists that you're talking to telling you about why they
Speaker 1: think that is? Well, it's very hard to discern exactly
Speaker 1: what's going on, but a lot of it has to
Speaker 1: do with the pandemic. Of course, we had a whole
Speaker 1: sea change in the way people think about work, so
Speaker 1: many people now working from home, People moved out of
Speaker 1: the cities, and then a lot of people retired. This
Speaker 1: was happening the Baby boom generation was reaching sixty and
Speaker 1: starting to drop out of the labor force. But then
Speaker 1: a lot of people when they got laid off during
Speaker 1: the pandemic just decided not to come back. Now, there
Speaker 1: are some indications that they are beginning to come back
Speaker 1: because it's more fun to have more money in your pocket.
Speaker 1: But uh, at this point, we're still down in terms
Speaker 1: of participation among older workers and the participation rate for
Speaker 1: prime age workers, which is basically forty nine four is
Speaker 1: uh about where it was before the pandemic. So it's
Speaker 1: people leaving the labor force that have left us with
Speaker 1: fewer workers and left demand high. One reason we're seeing
Speaker 1: the Jolts numbers so high. Yeah, only about thirty second
Speaker 1: is left here. But if we are starting to see
Speaker 1: people come back from the sidelines to some extent, what
Speaker 1: does that mean for the wage pressures that the FETE
Speaker 1: is looking at so closely. Well, that theory they should
Speaker 1: bring those down. More people competing for jobs means that
Speaker 1: the employers need to pay less uh to get somebody,
Speaker 1: and that's what the FET is hoping, not for a collapse.
Speaker 1: They'd like to see incomes rise about three to three
Speaker 1: and a half percent a year, but five percent, six percent,
Speaker 1: that's contributing to inflation. That's not good enough. So let's
Speaker 1: watch those numbers as well. Absolutely, and we definitely will
Speaker 1: do that. Eight thirty am. Wall Street Time in Bloomberg's
Speaker 1: Michael mckeelby back across Bloomberg Radio and Television to break
Speaker 1: down those numbers from October payrolls. Again, the consensus from
Speaker 1: economists we've surveyed calls for a hundred ninety five thousand
Speaker 1: new non farm payrolls added in October, and the unemployment
Speaker 1: rate up just a tick to three point six percent.
Speaker 1: Futures ahead of that moving high er, SMP futures up
Speaker 1: twenty six points down, futures up a hundred seventy one,
Speaker 1: and NaSTA futures are higher by eighty one points. This
Speaker 1: is Bloomberg Bloomberg eleven three oh weather. Mostly sunny, upper
Speaker 1: sixties today, partly cloudy tonight, upper fifties for lows will
Speaker 1: be in the sunshine all weekend long both days with
Speaker 1: highs in the low seventies. Right now fifty three in
Speaker 1: Central Park. Broadcasting live from the Bloomberg Interactive Broker Studio
Speaker 1: in New York. Bloomberg E Living Freedom to Washington, d C,
Speaker 1: Bloomberg nine to Boston, Bloomberg one oh six one does
Speaker 1: San Francisco, Bloomberg sixt to the Country, Sirius XM Chado
Speaker 1: one nineteen and around the globe the Bloomberg business in
Speaker 1: Bloomberg Radio dot Com. This is Bloomberg Daybreak six thirty
Speaker 1: on Wall Street. Good Morning. I'm Nathan Hagar and I'm
Speaker 1: Kared Moscow. We are just about three hours away from
Speaker 1: the Open of US training. It's time for the five
Speaker 1: things that you need to notice dark your day. Brought
Speaker 1: to you by Interactive Brokers ib k R. Event Trader
Speaker 1: offers a new way to trade futures. Use event contracts
Speaker 1: to trade your opinion on yes or no questions and
Speaker 1: key CM future markets. Learn more at event trader dot
Speaker 1: Interactive brokers dot com. Up First, we're going to get
Speaker 1: a sense of how the federal reserves interest rate hikes
Speaker 1: are impacting the labor market. With the October jobs report
Speaker 1: still out at eight thirty Well Street time, ZIP Recruiter
Speaker 1: Chief economist Julia Pollock believes it'll show the jobs market cooling,
Speaker 1: but at a very slow pace. Job gains is still
Speaker 1: around six percent higher than they were before the pandemic
Speaker 1: each month on average. There's still much more broadly spread
Speaker 1: across the economy, across industries overall, and those aggregate numbers,
Speaker 1: this job market still looks strong. ZIP Recruiter Chief economist
Speaker 1: Julia Pollock says industries sensitive to rate hikes could see
Speaker 1: a steep cool down and hiring well. Meanwhile, Karen more
Speaker 1: major companies are pulling back on hiring, Apple is hitting
Speaker 1: pause on most positions outside of research and development, and
Speaker 1: Coca Cola is offering voluntary buyouts to some of its
Speaker 1: staff in North America. Well Over, at Twitter, Nathan new
Speaker 1: owner Elon Musk plans to eliminate half of its employees,
Speaker 1: Bloomberg said. Ludlow says it's one of several immediate changes
Speaker 1: Musk is looking to implement. The eight dollars a month
Speaker 1: version of Twitter Blue could roll out as soon as Monday,
Speaker 1: and that edit button, which is currently exclusive to Twitter
Speaker 1: Blue subscribers, could be rolled out as soon as this
Speaker 1: week for everyone on the platform, Bloomberg said. Ludlow says
Speaker 1: Elon Musk's plan layoffs for Twitter have prompted a class
Speaker 1: action lawsuit and accuses Twitter of violating a federal law
Speaker 1: that requires at least sixty days notice before mass firing.
Speaker 1: So this could be job news of a political kind.
Speaker 1: Careen Former President Donald Trump sending his strongest signal yet
Speaker 1: he's planning another White House bid. I will very very
Speaker 1: very probably do it again, It was former President Trump
Speaker 1: at a rally in Iowa. And over in Europe, Nathan
Speaker 1: Bank of England Governor Andrew Bailey is defending its latest
Speaker 1: rate height Despy, saying Britain is headed for a deep
Speaker 1: recession that could lead to more than a half a
Speaker 1: million job losses. I don't think people would be surprised
Speaker 1: when they see that we are the fellow looking at
Speaker 1: things through slight different lenses. And Bank of England Governor
Speaker 1: Andrew Bailey was speaking with Bloomberg's Francy Lachwab. That's the
Speaker 1: five things that you need to notice start your day.
Speaker 1: Brought to you by Interactive Brokers Again, Futures on the
Speaker 1: rise this morning is and p Future is up twenty
Speaker 1: seven points. Now Future is up one seventy six. Nast Egg,
Speaker 1: Futures up eighty three. Traight ahead, your latest local headlines,
Speaker 1: plus a check of sports. And this is Bloomberg. Thanks Peren.
Speaker 1: Six thirty three on Wall Street fifty three degrees in
Speaker 1: Central Park westbound Belt Parkway is closed at Coney Island
Speaker 1: Avenue in Brooklyn for an accident investigation. We'll tell you
Speaker 1: more in traffic. First, Michael Bars here with what else
Speaker 1: is going on in New York and around the world.
Speaker 1: Good morning, Michael, Good morning Nathan, a suspected serial attacker,
Speaker 1: is in custody after a rape in New York City.
Speaker 1: Carl Fanner It's winning. A year old man experiencing homelessness
Speaker 1: was arrested for the sexual assault of a woman who
Speaker 1: had been jogging along the West side of Manhattan. This
Speaker 1: good samaritan helped the victim. I didn't ask what happened. Um,
Speaker 1: I didn't want to pry at all. I didn't want
Speaker 1: to intimidate her, scare her. Police say the suspect used
Speaker 1: the victim's credit card at a target in Midtown New York.
Speaker 1: Democratic Governor Kathy Hocal campaign at Barnard College in Manhattan
Speaker 1: with Hillary Clinton and Vice President Kamala Harris. She talked
Speaker 1: about the Supreme Court decision earlier this year that removed
Speaker 1: federal abortion protections. I've heard my opponents say, oh, don't worry.
Speaker 1: The day after the dab's decision, nothing changed in the
Speaker 1: state of New York. So don't worry. You know why
Speaker 1: nothing changed in the state of New York because I'm
Speaker 1: the governor. New York Republican Representative Lee Zelden, predicting an
Speaker 1: upset and Tuesday's gubernatorial race, of the campaign rally in Albany.
Speaker 1: Around the rest of the state, they're ready they're ready
Speaker 1: to fire Kathy hokel owl Show hocal Ahead over Zelden.
Speaker 1: The FBI says it has received credible information about a
Speaker 1: broad threat synagogues in New Jersey, a warning that has
Speaker 1: prompted some municipalities to send extra police officers to guard
Speaker 1: houses of worship. Governor Phil Murphy says he has been
Speaker 1: in contact with the state Attorney General and New Jersey
Speaker 1: Homeland Security about the credible threat. Oprah when Free says
Speaker 1: she is backing Democratic nominee John Fetterman in Pennsylvania's key
Speaker 1: Senate race over Republican opponent memon Os. When Free helped
Speaker 1: turn dr Oz into a household name on TV power
Speaker 1: rationing Widen and Kiev as Ukrainian authorities sought to relieve
Speaker 1: pressure on energy infrastructure that has been targeted by Russia's
Speaker 1: escalating attacks. Meanwhile, at the Pentagon briefing Defense Secrets, Arry
Speaker 1: Lloyd Austin was asked whether he believes Ukrainian forces can
Speaker 1: retake curs H. I certainly believe that they have the
Speaker 1: capability to do that. Most importantly, the Ukrainians believe that
Speaker 1: they have the capability to do that, and the u
Speaker 1: n's nuclear safety agency says they found no signs of
Speaker 1: possible dirty bomb production at three facilities in Ukraine. The
Speaker 1: inspections came at Kiev's request after Russian accusations. Global News
Speaker 1: twenty four hours a day on air and on Bloomberg Quicktake,
Speaker 1: powered by more than twenty seven hundred journalists and analysts,
Speaker 1: are more than a hundred twenty countries. Michael Barr and
Speaker 1: this is Bloomberg. All right, Michael, Thanks almost six thirty
Speaker 1: six on Wall Street time for the Bloomberg Sports update,
Speaker 1: brought to you by tri State. Out of here again,
Speaker 1: it's John Stenshower. Thanks Nathan. The next plates to night
Speaker 1: in Washington. We'll see if they allow Kyrie Irving to
Speaker 1: play late last night with the Nets and the NBA
Speaker 1: have been waiting for an apology from Irvine. He posted
Speaker 1: the words four hours after the Nets suspended them for
Speaker 1: at least five games. They said they were deeply disturbed
Speaker 1: by irving failure to disavow anti Semitism. That's by multiple
Speaker 1: opportunities to do so, including yesterday. My responsibility for the
Speaker 1: person that some things that were questionable in there untrue.
Speaker 1: Like I said in the first time, you guys asked
Speaker 1: me when I was sitting on that stage. I don't
Speaker 1: believe everything that everybody posts a documentary, sobility and apologize
Speaker 1: the NBAH mission or Adam Silver said he's gonna meet
Speaker 1: with irby next week. Houston Astros at their first lead
Speaker 1: of the World Series. They beat the Phillies three to two.
Speaker 1: They lead the series three to two. Jeremy paineyad they
Speaker 1: go ahead home run. Justin Verlander got the win, his
Speaker 1: first ever in the World Series in his ninth career start.
Speaker 1: Ryan Pressley with a five out saving Chas McCormick may
Speaker 1: have saved the game with his catch in the bottom
Speaker 1: of the ninth Any tomorrow night in Houston, any of
Speaker 1: the Astros win their second championship ever, or there'll be
Speaker 1: a Game seven on Sunday, NFL. Also Philadelphia versus Houston.
Speaker 1: The Eagles one seventeen or now eight notes the best
Speaker 1: start ever. The Bruins are ten and one. Scored four
Speaker 1: times third period at the Garden beat the Rangers five
Speaker 1: to two. The Islanders and Devils both won on the road.
Speaker 1: They both won five in row. That Jersey win and
Speaker 1: Edmonton came when the Devil's late third period scored the
Speaker 1: tyne and go ahead goal seven seconds apart. Actually sports
Speaker 1: st John, thank you, It is sixty seven on Wall Street.
Speaker 1: Let's take a look at stocks, some of the names
Speaker 1: moving in the pre market before the open, before we
Speaker 1: get October pay rolls, Bloomberg, Radio and TV. Markets correspondent
Speaker 1: cre cooped up with us this morning going above and beyond,
Speaker 1: starting off with a look at US based stocks from China. Yeah,
Speaker 1: you know, it's interesting, Nathan. We talk a lot about
Speaker 1: the Federal Reserve and what the next catalyst up for
Speaker 1: the bull market might be when it comes to stocks.
Speaker 1: But David Inglis over in Asia, one of our anchors
Speaker 1: and of course our our markets, uh kind of reporters,
Speaker 1: lush leaders over in that region, made a really interesting point.
Speaker 1: I promise it connects to the stock market. Here. Bear
Speaker 1: with me, Nathan. He said, what if China is the
Speaker 1: new alternative? We talked about there is no alternative. We
Speaker 1: talked about tex Stock, we talked all the investing. What
Speaker 1: of China is where this next leg of growth that
Speaker 1: is supposed to come, Especially as we talk about speculation
Speaker 1: about more reopening. You're starting to see a report, for example,
Speaker 1: that they are starting to hold back on some of
Speaker 1: the restrictions that are coming on the likes of planes
Speaker 1: and airlines, for example, holding passengers that may have COVID
Speaker 1: going into the country. You also have, of course a
Speaker 1: Bloomberg News report outlining progress in efforts to prevent the
Speaker 1: d listing of hundreds of Chinese stocks from the US exchanges.
Speaker 1: So this is really important because it talks about how
Speaker 1: maybe there is a little bit more reintegration of China,
Speaker 1: which we haven't really seen for about two years now. Nevertheless,
Speaker 1: that sentiment, Nathan, I promise it all connected connect to
Speaker 1: some of these big US listed a d R S
Speaker 1: or from China. As you point out, Ali Baba's our
Speaker 1: poster child, here be a b as your ticker up
Speaker 1: about ten percent in the pre market. You also have
Speaker 1: the likes of j D dot Com. Now those are
Speaker 1: once again are two big e commerce giants, also up
Speaker 1: about nine percent in the pre market. And of course
Speaker 1: when you look at those A d R S, I
Speaker 1: always like to look at Hinduo Duo as well. It's
Speaker 1: just kind of one of my one I love to
Speaker 1: say it and to it's just kind of a fun
Speaker 1: stock to look at. But also up nine percent, so
Speaker 1: you are seeing that taker p d D up in
Speaker 1: line with the entire complex there. Yeah, I mean that
Speaker 1: could be kind of a long term trend, whether we
Speaker 1: start to see more reopenings in China and that potentially
Speaker 1: being a catalyst. But we also in the meantime have
Speaker 1: to look at the catalyst that continues to be this
Speaker 1: kind of up and down earning season. Yeah, absolutely, especially
Speaker 1: when it comes to fintech and payments platforms. That's going
Speaker 1: to take you to our next couple of stocks here, PayPal,
Speaker 1: p y p L. She's actually down six percent. They
Speaker 1: were to lower as much as eight percent earlier in
Speaker 1: the session, cutting their forecast for their annual revenue. They're
Speaker 1: saying there is a slowdown in spending, really commenting on
Speaker 1: the consumer. Their analysts also talking about the strong dollar
Speaker 1: macro economic headwinds weighing on the forecast there. Nathan, I
Speaker 1: also want to leave you the one last one Block
Speaker 1: formerly known as Square sqs. The ticker up about fourteen percent.
Speaker 1: They also came out with earnings actually beat expectations. Boost
Speaker 1: is some optimism, So some conflicting messages coming from PayPal
Speaker 1: and Block. All right, Bloomberg Radio on TV Markets Corres
Speaker 1: funding created Goop will be with us throughout the day
Speaker 1: as we take a look at the market reaction to
Speaker 1: potentially the next catalyst, that would be October payrolls coming
Speaker 1: out in less than two hours now, but ahead of that,
Speaker 1: the market's pointing to a stronger open on Wall Street.
Speaker 1: For now, SMP futures are up twenty nine points now
Speaker 1: futures up, a d NAZDAC future is higher by eighties
Speaker 1: seven points. This is Bloomberg. Bloomberg Sports was brought to
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Speaker 1: This is a Bloomberg Business Flash and I'm Karen Moscow
Speaker 1: and futures on the rise this morning as we await
Speaker 1: the October jobs repward, let's go to the first word
Speaker 1: making news dask for today's morning call, and here's Bill Maloney. Bill,
Speaker 1: good morning, Hey, good morning. Can that's right us futures
Speaker 1: are trading in the green right now. DEAF features up
Speaker 1: two hundred and six points, STIVS Game thirty one and
Speaker 1: NEZCA futures are higher by nine two. The US ten
Speaker 1: yeld at four point one four percent, Gold is up
Speaker 1: twenty Oil is also climbing, and Bitcoin is trading higher
Speaker 1: by one point seven percent. Hong Kong sort five point
Speaker 1: four percent overnight on speculation of China easing COVID zero policies,
Speaker 1: and European markets are also trading in the green. This morning,
Speaker 1: back in the US on the Economic FUNDA thirty non
Speaker 1: fond payrolls, and after the bellist night, PayPal cut its outlook,
Speaker 1: while Starbucks sales beat estimates and regarding earnings this morning,
Speaker 1: Hershey beat estimates. Wrapping things up, Fidelity Nationalists cut to
Speaker 1: market perform over at Oppenheimer Live from the first breaking
Speaker 1: news desc on Bill Maloney care right, Bill, thank you
Speaker 1: to hear live breaking news over your Bloomberg type squawk
Speaker 1: on your terminal squu A w K and that's a
Speaker 1: Bloomberg business flash. Now here's Michael bar with more on
Speaker 1: months going on around the world. Michael here, thank you
Speaker 1: very much. Former President Donald Trump sent the strongest signal
Speaker 1: yet that he plans to run again in four singing
Speaker 1: in Iowall rally that he will very very very probably
Speaker 1: make another White House bid. The former president is also
Speaker 1: schedule to hold rallies in Pennsylvania, Florida, and Ohio. Most
Speaker 1: of the nation falls back this weekend, putting clocks back
Speaker 1: an hour to standard time. In the NBA, the net
Speaker 1: Skyrie Irving has apologized after being suspended for at least
Speaker 1: five games, We're failing to disavow anti Semitism when he
Speaker 1: was given an opportunity to do so. As for games,
Speaker 1: the Warriors lost, the Astros are a game away from
Speaker 1: winning the World Series. Game five, Houston beat the Phillies
Speaker 1: three to Thursday Night Football, the Eagles down the Texans seventeen,
Speaker 1: and the NHL the Bruins beat the Rangers three one.
Speaker 1: The Islanders and Devils won the Capital's lost. Global news
Speaker 1: twenty four hours a day on air and on Bloomberg Quittake,
Speaker 1: powered by more than seven hundred journalists and analysts more
Speaker 1: than twenty countries. I'm Michael bar and this is Bloomberg.
Speaker 1: Karen Hery. Michael bar thank you. At at six forty
Speaker 1: nine on Wall Street returned to news and science and
Speaker 1: Technology now with the Bloomberg n j I T STEM
Speaker 1: Report brought to U buy New Jersey Institute of Technology
Speaker 1: ranked a Top one d national university by U S
Speaker 1: News and World Report at number fourteen in the nation
Speaker 1: on Money's Best Colleges list. Learn more at n j
Speaker 1: I T dot e d U and Here's US making
Speaker 1: news in science, Technology, engineering and math. The U N
Speaker 1: Climate Summit is back in Africa. After six years and
Speaker 1: four consecutive europe based conferences, The seventh Annual Conference of
Speaker 1: the Parties of the UN Framework Convention on Climate Change,
Speaker 1: better known as COP twenties seven, will be held in
Speaker 1: Egypt and begins next week. The earth Shot Prize, funded
Speaker 1: by Britain's Prince William to honor ground baking solutions to
Speaker 1: environmental issues, will broadcast its second ceremony on PBS and
Speaker 1: the BBC. William, who launched the global prize with the
Speaker 1: Royal Foundation, will join the event, which will be filmed
Speaker 1: the next month in Boston. Each of this year's five
Speaker 1: winners or received one million dollars to accelerate their projects
Speaker 1: aimed at the prize's goals protecting and restoring nature, cleaning
Speaker 1: the air, reviving the oceans, building a waste free world,
Speaker 1: and fixing the climate. And a new app is being
Speaker 1: launched to help foodies find fresh seafood in Rhode Island.
Speaker 1: According to the Department of Environmental Management, the new app,
Speaker 1: called fish Line, let's consumers search for fresh seafood from
Speaker 1: markets and restaurants as well as directly off the boat.
Speaker 1: The app could be downloaded at seafood r i dot
Speaker 1: com and as a Bloomberg n j I t stem report.
Speaker 1: Nathan something and no next time I'm there. Thank you, Karen.
Speaker 1: We are live from the Bloomberg Interactive Broker Studios where
Speaker 1: it's just about six fifty one on Wall Street. Now
Speaker 1: it's time to check what's going on in d c or.
Speaker 1: Some of the top stories include former President Donald Trump
Speaker 1: dropping his strongest hint yet that he is running in
Speaker 1: Oprah Winfrey endorsing John Fetterman over her former protege, doctor
Speaker 1: Oz in Pennsylvania, Carry Lake's election denial in Arizona could
Speaker 1: potentially reshape and President Biden's hawk ish tilt on China
Speaker 1: stirring worry of US overreaction. Let's bring in Boomberg government
Speaker 1: reporter Emily Wilkins for more on some of these stories. Emily,
Speaker 1: I think we heard the words from Michael Barr a
Speaker 1: few minutes ago from former President Trump, very very very
Speaker 1: probably yep, you gotta you gotta get all three berries
Speaker 1: and uh one drum said during a rally in Iowa.
Speaker 1: It's just the strongest signal get that he's going to
Speaker 1: run for president. But we have already seen multiple signals
Speaker 1: from the former president that he is considering another run.
Speaker 1: Trump's former senior counselor Kelley and Conway told reporters that
Speaker 1: they can expect Trump to announce soon, and she gave
Speaker 1: him credit for holding off this long to the mid terms. Remember,
Speaker 1: a lot of Republicans were worried that if Trump announced
Speaker 1: another run that he would sort of come back into
Speaker 1: the spotlight, and that wouldn't be good for a number
Speaker 1: of Republicans who are running in more moderate swing districts
Speaker 1: where voters might have conservative values and support certain things
Speaker 1: about the Republican Party. But we're really turned off by Trump,
Speaker 1: and so that'll be a really interesting dynamic. Of course,
Speaker 1: with the mid terms being on November eight, we are
Speaker 1: expecting very soon after that for the race for a start,
Speaker 1: you've already heard Biden say that he's going to run again.
Speaker 1: We're expecting this announcement from Trump. Certainly there will be
Speaker 1: others who will be angling to get into both potential fields. Um,
Speaker 1: we're just we're just on this never ending treadmill of
Speaker 1: of elections at this point. Uh, and we're about about
Speaker 1: to jump off. And yeah, and just about four days here.
Speaker 1: And as you allude to, their the president, the former
Speaker 1: president has been hinting quite strongly for months now that
Speaker 1: that he's probably going to make another run. What kind
Speaker 1: of impact is that having on the midterm race itself,
Speaker 1: the two race, It hasn't had a ton of impact,
Speaker 1: only because Trump has you know, he's he's not a
Speaker 1: candidate yet, he hasn't said that he's going to run.
Speaker 1: And so that's allowed Republicans who are running in slightly
Speaker 1: more swing states and thinking about folks like David Feldeo
Speaker 1: out in California, I'm thinking about some of the more
Speaker 1: modern Republicans that were running in the northeast be able
Speaker 1: to really put some distance between themselves and Trump. UM
Speaker 1: to kind of go back to the mainstream Republicans, uh,
Speaker 1: stances about cutting spending about sort of returning to fiscal stability.
Speaker 1: They've been able to focus on things like inflation on
Speaker 1: the economy, which are really good issues for Republicans to
Speaker 1: discuss without being asked constantly, Hey, Trump tweeted this, what
Speaker 1: do you think about it? Although it is interesting though,
Speaker 1: we've seen a number of a Republican candidates across the
Speaker 1: country up and down the ballot, sort of embracing the
Speaker 1: election denial strategy that former President Trump has put out there.
Speaker 1: There's a really interesting story on the Bloomberg terminal this morning,
Speaker 1: honing in on Arizona gubernatorial candidate Carry Lake as a
Speaker 1: pretty prominent example of that. Yeah, I think of all
Speaker 1: the election deniers of who are running this year, Carry
Speaker 1: Lake is certainly the most interesting to watch, the Republican
Speaker 1: nominee for Arizona's governor. She has centered her campaign on
Speaker 1: promoting the live that election was stolen from Trump, saying
Speaker 1: that if she had been governor, she would have not
Speaker 1: certified the election for Biden, and of course Nathan that
Speaker 1: that has real concerns for what that could mean in um.
Speaker 1: Lake is currently up in the polling. There's a good
Speaker 1: chance that she is going to become Arizona's and next senator,
Speaker 1: and remember that state was so central to Trump's efforts
Speaker 1: to overturn the election. There were all of those recounts,
Speaker 1: including that countroversial, controversial recount recount by the private firm
Speaker 1: Cyber Ninjas that also found that that Biden one. But
Speaker 1: part of the charm of Carry Lake is that she
Speaker 1: was a former TV anchor. She has a name I
Speaker 1: d outside of the Senate race, and it's been much
Speaker 1: more difficult for Democrats to paint her as an extremist.
Speaker 1: And so it will be very interesting to see what
Speaker 1: she will do as governor. And I think there are
Speaker 1: lots of concerns being raised now across the country about
Speaker 1: what going to look like if folks like like and
Speaker 1: other election deniers get into office. What is going to
Speaker 1: happen with a legitimate election with how folks vote? Will
Speaker 1: that be telly? Will that actually account to the result? Uh? Really,
Speaker 1: really a lot of concerns that are being raised two
Speaker 1: years out. I want to turn to this story on
Speaker 1: a geopolitical note as well, some worry potentially coming out
Speaker 1: of Washington now about President Biden's pretty hawkish stance on China. Yeah,
Speaker 1: there are a lot of folks in Congress, Biden himself,
Speaker 1: who have become like very strong China Hawks, especially as
Speaker 1: we've seen Hi Jin pains secure himself a third term.
Speaker 1: But there are some leavings at US specialists on China
Speaker 1: who are skeptical of the logic behind the US aggressive stance.
Speaker 1: They're not dubbish on China per se, but they're just
Speaker 1: worried that by being so aggressive that might lead to
Speaker 1: more aggression from China and that things might eventually escalate.
Speaker 1: Bonnie glass or, the director at Asia's program for the
Speaker 1: German Martial Fund of the United States, called the US
Speaker 1: is approach sloppy and said it could end up provoking
Speaker 1: the war that we seek to deter. And that will
Speaker 1: be very interesting to see how that stands continues in Congress,
Speaker 1: where they've had a lot of these laws come out
Speaker 1: about China about how the US and China relate. You've
Speaker 1: seen this really strong, vidant partisan support for being aggressive
Speaker 1: about China, and it will be interesting to see if
Speaker 1: there's any sort of breakthrough through some of these other
Speaker 1: China specialists who say, hey, we have to take China seriously,
Speaker 1: but we also should try to avoid escalation. In just
Speaker 1: thirty seconds left here. That's gonna put a lot more
Speaker 1: attention on the G twenty summit coming up later this
Speaker 1: month because President Spiden and she are potentially going to
Speaker 1: meet there potentially, yes, and this is going to be
Speaker 1: obviously a very critical meeting. But between the two leaders,
Speaker 1: between the two economic powers, um, they've had a bit
Speaker 1: of a rocky relationship. But at the same point, the
Speaker 1: White House has still tried to say, you know, we do,
Speaker 1: we do want to continue to work with Beijing on
Speaker 1: our mutual interest well, of course continuing to do things
Speaker 1: uh speak. Gripelosi's I think trip to Taiwan was was
Speaker 1: a huge example um of kind of how the US
Speaker 1: is trying to position itself right now in relation to China.
Speaker 1: Bloomberg Government reporter Emily Wilkins getting ready for the last
Speaker 1: weekend before election day mid term Tuesday. Emily thinks as always,
Speaker 1: read more at Bloomberg dot com or on the Bloomberg terminal,
Speaker 1: Listen to Bloomberg Radio in Washington Bloomberg and one oh
Speaker 1: five point seven FM h D two. Of course, the
Speaker 1: most important news coming out of Washington this morning, October
Speaker 1: pay rolls due out in a little more than an
Speaker 1: hour and a half. We will have full coverage for
Speaker 1: you on Bloomberg Radio and television, including an interview with
Speaker 1: Labor Secretary Marty Walsh later on this morning. Bloomberg surveillance
Speaker 1: is next for Karen Moscow. I'm Nathan Hagar. This is
Speaker 1: Bloomberg