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

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

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Speaker 1: This updates brought to you by American Arbitration Association. Business

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Speaker 1: Stocks are rallying with emerging markets as investors add to

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Speaker 1: bets that US interest rates will stay lower for longer,

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Speaker 1: keeping growth on track. And we check the markets every

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Speaker 1: fifteen minutes throughout the trading day on Bloomberg SNP Emity

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Speaker 1: futures up five points, Dow E Mini futures of fifty

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Speaker 1: three and NASDAC emny futures of eleven. The decks in

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Speaker 1: Germany's up one point eight percent ten your treasury of

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Speaker 1: three thirty seconds, the yield one point seven two percent

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Speaker 1: yield on the two year point seven nine percent Nimax

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Speaker 1: screwde oil of one point three percent or sixty four

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Speaker 1: cents to fifty dollars thirty three. Sense of barrel go

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Speaker 1: make's goal down six tenths per cent or seven dollars

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Speaker 1: ten cents to twelve forty thirty, announced the euro a

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Speaker 1: dollar thirteen forty the end one oh seven point seven four,

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Speaker 1: and Valiant Pharmaceuticals International cutting its sixteen profit forecast as

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Speaker 1: its new chief executive starts his attempt to turn around

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Speaker 1: the embattled drug maker. And that's a Bloomberg business flash,

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Speaker 1: Tom and Mike Karen Moscow, thank you very much. Bloomberg

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Speaker 1: Shurvalance is brought to you you by the Jeep Grand Cherokee,

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Speaker 1: According to the Associated Press, it is to be Hillary

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Speaker 1: Hilly Clinton has enough pledged and super delegates to claim

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Speaker 1: the Democratic domination, the first woman nominated by a major

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Speaker 1: American political party to run for president. Bernie Sanders disagrees,

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Speaker 1: we'll see what happens in the primaries that are today,

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Speaker 1: but if indeed this is our lineup Trump against Clinton,

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Speaker 1: Hillary Clinton has to unify her party and get on

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Speaker 1: with the one on one race Margie Omearro is a

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Speaker 1: Democratic strategist. She's executive vice president of public Affairs at

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Speaker 1: Penn Shawn Berlin and she joins US. Now, Margie, there's

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Speaker 1: a very interesting new poll out from the ABC Washington

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Speaker 1: Post polling folks Gary Langer and and his folks, uh

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Speaker 1: that compares this year to two thousand eight. In two

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Speaker 1: thousand of Clinton supporters said they would vote for John

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Speaker 1: McCain over Barack Obama. When Hillary Clinton finally conceded that

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Speaker 1: didn't happen. They ended up voting overwhelmingly for Obama. This year,

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Speaker 1: of Sanders supporters say they'll vote for Trump over Clinton.

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Speaker 1: Do we see the same playbook play out? Do those

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Speaker 1: voters come home? Well? Sure, Well, I think that's very

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Speaker 1: very likely to happen. And those numbers are right and

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Speaker 1: they're consistent. There have been other metrics, other ways to

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Speaker 1: compare two thousand eight to this year's NBC. Wall Street

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Speaker 1: Journal has similar numbers where they asked folks, now, and

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Speaker 1: in two thousand eight, you think the long primary has

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Speaker 1: been helpful or harmful? And you have more folks saying

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Speaker 1: it was harmful in two eight than now. This is

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Speaker 1: among Democrats. Um, you have Sanders and Clinton voters in

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Speaker 1: gallop gallut recent gallup poles saying that the long primary

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Speaker 1: has not hurt the party. So if there's been a

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Speaker 1: lot of poles that that are pointed to the same point,

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Speaker 1: so you know, and you also have that half. This

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Speaker 1: is the kind of funny part. The Democrats are divided

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Speaker 1: on whether or not they're divided, while Republicans are unified

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Speaker 1: on the fact that they're divided. That's another interesting nugget

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Speaker 1: from the APC Wall Street, UH Washington Post pole. So

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Speaker 1: I think taken together, this is a sign that, you know,

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Speaker 1: Democrats are very much going to be united among you know,

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Speaker 1: one for the for the historic nature of our supremely

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Speaker 1: qualified and strong presumptive nominee in Hillary Clinton, and in

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Speaker 1: the and the you know, the incredibly dangerous and unqualified

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Speaker 1: and um, you know, I'm shocked that you would say

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Speaker 1: anything like that. Of course, it's it's just not respect

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Speaker 1: for the office. So, I mean, we're all we're all

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Speaker 1: going to rally around, for sure, around the fact that

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Speaker 1: the Republican there are some warning signs in the polls.

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Speaker 1: And again a quote from the ABC Washington Post poll,

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Speaker 1: and that is with young people because Bernie Sanders has

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Speaker 1: certainly energized a lot of them, brought them out to vote,

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Speaker 1: and according to the this survey in March, the under thirties,

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Speaker 1: if asked whether they would be supporting Hillary versus Donald,

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Speaker 1: was for her. But in May two it it closed

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Speaker 1: up a lot um. What what does she have to

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Speaker 1: do to vince young people? I mean she's a status

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Speaker 1: quo candidate that she can be a candidate of change,

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Speaker 1: you know, to to it appeal to what they want. Well,

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Speaker 1: I think there's a couple of different ways to do,

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Speaker 1: you know, do that. I mean one is simply by

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Speaker 1: being the nominee that will help move a lot of

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Speaker 1: those voters over who simply find Trump distasteful for all

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Speaker 1: the obvious reasons. I think a focus on the issues

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Speaker 1: that affect a lot of young people personally, which she's

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Speaker 1: done and I think we'll continue to do, just making

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Speaker 1: college more affordable, um, gender pay, equality, family medical leave,

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Speaker 1: and also a reform of the UH, the influence of

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Speaker 1: special interests in of the electoral system. I think a

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Speaker 1: lot of those things are really very much appeal to

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Speaker 1: younger people. If you have Obama coming out and stumping

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Speaker 1: for her, I think that'll play a little too, marjor

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Speaker 1: merrow with us with Penn shown Berlin obviously in support

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Speaker 1: of the secretary Margie. I love the idea that you

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Speaker 1: worked for a shop called Purple Strategies and perp sites.

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Speaker 1: Does the Secretary go after Mr Trump to gain purple

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Speaker 1: votes or does the secretary act presidential and remove herself

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Speaker 1: above the fray the discourse of the moment? Does she

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Speaker 1: stay away from it or does she attack them head

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Speaker 1: on to get those independent votes? Well? I think that, Um,

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Speaker 1: I think a few things. One, I think women are

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Speaker 1: going to decide this election, and I think, um, women

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Speaker 1: who you know, can be very much responsive to Clinton's message,

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Speaker 1: pointing out not just Trump's incredibly insulting views on women,

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Speaker 1: but insulting views towards everybody. I mean, when I hear

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Speaker 1: in focus groups, particularly with women voters, is a worry

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Speaker 1: that Trump doesn't have the right temperament to be president,

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Speaker 1: um by any social imagination. So you know, even folks

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Speaker 1: who agree with him moory that he or who are

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Speaker 1: strong Republicans worry that he doesn't have the right temperament

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Speaker 1: in president. So pointing that out, I think it's important.

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Speaker 1: And she had she had a very great reception to

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Speaker 1: her foreign policy speech last week where she spoke about Trump, uh,

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Speaker 1: you know, his unfit, unfitness for the job. And I

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Speaker 1: think he's gonna get that. And with your pedigree Mayors

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Speaker 1: against Illegal Guns, Emily's List, the the d c C

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Speaker 1: and you know, you know, working with the Democratic Party.

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Speaker 1: That's all fine. She's got a win by going to

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Speaker 1: get other voters, right, how does she do that? I

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Speaker 1: mean she's been a little distracted recently. How does she

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Speaker 1: go get those people that maybe want to vote for

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Speaker 1: Mr Trump but can't. What's her what's your prescription for

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Speaker 1: her to win those voters? Well, a few things. One,

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Speaker 1: you know, to make this election about the voters. Donald

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Speaker 1: Trump is making it about Donald Trump, about himself, about

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Speaker 1: how he's a winner and how great he is. Voters

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Speaker 1: want to vote for somebody who is going to fight

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Speaker 1: for them, who puts them for us, to understand them,

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Speaker 1: who gets their struggles, gets their needs. And that's something

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Speaker 1: that Clinton has done in a lot of her small events.

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Speaker 1: She's done a lot of her advertising. Can now as

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Speaker 1: as the primary received in the rear view mirror. Over

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Speaker 1: the next few months, um, she's gonna be able to

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Speaker 1: really devote more time to really trust that and draw

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Speaker 1: that sharp contrast between yourself and Trump. What does she

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Speaker 1: need to do to gin up enthusiasm in the fall

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Speaker 1: in the sense that, uh, he has tremendously high negatives,

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Speaker 1: but hers aren't far behind, and a lot of people say,

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Speaker 1: pops on both their houses. Yeah, I just I mean, look,

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Speaker 1: he is the most unpopular candidate with his own base,

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Speaker 1: you know, the most unpopular Republican candidate with Republicans in

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Speaker 1: modern times. I mean, he he has a lot. I mean,

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Speaker 1: he walks through to his nomination yet is supremely damaged.

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Speaker 1: So you know, so he has a lot of He

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Speaker 1: for sure has a lot of work to do with

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Speaker 1: the phone. Serious, you know, let's start they're right. Um. Meanwhile,

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Speaker 1: I think for Clinton, there's this myths that people are

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Speaker 1: not enthusiastic about her. The last pole, it might have

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Speaker 1: been the ABC Wall Teacher Watching Past Pole or the

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Speaker 1: NBC where they looked at the enthusiasm gap between Sanders

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Speaker 1: and Clinton and it was single digits. It was really

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Speaker 1: like six points. It was not some you know, overwhelming crisis.

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Speaker 1: It was something that can be short up between now

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Speaker 1: and November. For sure, whom does she choose us for

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Speaker 1: running me. Well, I think you know, they're looking at

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Speaker 1: a lot of you know, great folks from what I've

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Speaker 1: read in the reports. And I know whether that was

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Speaker 1: y well, that's a very good polling question I have

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Speaker 1: not had the honor to answer, and I don't know.

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Speaker 1: You know, I think having that today, Okay, I'll send

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Speaker 1: you the invoice. I mean, you know, I think having

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Speaker 1: a woman would be great. Um. I think having uh,

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Speaker 1: you know, it's just sort of highlight for sure, the

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Speaker 1: difference between and what's going on in the Democratic state,

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Speaker 1: our inclusivity and health or the party of everybody versus

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Speaker 1: what's going on Trump and he's the you know, he's

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Speaker 1: hijacked the party and they seem, you know, willing to

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Speaker 1: let it happen. Um. So I think that would be great,

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Speaker 1: But I know there are lots of other really great options.

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Speaker 1: And you know, whether it's Kim Kine or Julian Castro

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Speaker 1: or um or you know, al Frankie, people talk about

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Speaker 1: I think we have a really good bench. We have

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Speaker 1: a really good bench. That would be something Clinton Franken.

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Speaker 1: I mean, I mean what we don't have is you know,

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Speaker 1: candidates who are would be unwilling who would say no,

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Speaker 1: which is okay. That's an important distinction. Marigo Meryll, thank

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Speaker 1: you so much. Our email has lit up like a

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Speaker 1: candle since you come out. Margo Merrill with pen shown Berlin,

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Speaker 1: clearly showing your support for the secretary. This morning, no surprise,

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Speaker 1: Nancy Pelosi has now come out and endorsed Hillary Clinton.

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Speaker 1: She remained neutral as the lead or of the Democrats

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Speaker 1: in the House and through the primary season, but has

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Speaker 1: now decided to throw her support to the election. The

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Speaker 1: conventions back in also, of course, a vote in the

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Speaker 1: United Kingdom. Another hour of Bloomberg surveillance.