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tv   Whatd You Miss  Bloomberg  November 5, 2018 4:00pm-5:00pm EST

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incremental margins so that's the payments companies, and it's the software companies. see those pull back, let's bigger rrow if we see a expected win by the democrats. >> it's highly likely it would goodbye. >> closing in mixed session. cl. >> very much those growth stocks way down. tech among them. if you look at the industry of them are rising led by real estate investment trust, energy and financials, on downside communication discretionary and tech.
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aybe the yeel coming down and the news coming out of citigroup, clearly front and center for that company. deeper into the action. lisa, what were you watching on the close? > this is a huge week for treasury auctions. 83 billion ax record of treasury sales planned for the week. bid to the second lowest cover ratio since 2009 for this auction of three year notes. from ple are moving away short term debt as they price in the possibility. skittish today given the
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beginning of the week. > needless to say the midterm elections tomorrow and everybody is wondering what the effect on will be.ts this is an interesting chart in past election cycles, what we're yellow, the 2014 midterm election cycle. in white we're looking at the in blue ial cycle and we're looking at the current year in. ach of these years there was a huge spike in october. in those elections, for 2014, volatilityction, the started coming off ahead of the election in. right after the election. right now we're still elevated ut this pattern might suggest perhaps the volatility is on the decline but interestingly there in so many different nuances the charts including the fact that the vix, which is the vix suggests the there could be a spike higher. f we look at this one-year chart it's pointing to the possibility of a spike after of complacency.
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anything is possible but volatility does still seem to be game.ame of the it will be interesting to see what happens after those elections. at want to take a look underarmor. shares were up about 1% today, 3.7% at one point. should point out that this is actually a pretty big move not armour but when you look at the whole list of earnings ing this season we haven't seen these types of moves from a lot of companies that you would expect to have those type of moves. you look at the one day post earnings gains, under armour, a 28% last tuesday. ulcan materials, akamai, new vld and twitter rounding out the gain.ve with a 15.5% if you go back over the previous quarters, the names will usually be apple, amazon. we know there are
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other stocks and companies that will now to have to take some leadership if investors are going to be able to find anywhere to park their money in equities. you so much for the context. still with us, something that volume today t, was lighter than usual. the dow, for instance, off 8% 20-day moving average. 20%.s&p, off it's midterm eve. e're waiting to find out what happens in the election. is there any scenario will resume falling? >> it's a good question. hat you find is post midterm environments are pretty good for stocks in general but the worst when you have a mix in washington. stocks really like consistency. which ke environments in you have one party dominating washington such as post 2016 election, right? so i would say the risk, you do
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have a very strong blue wave. blue wave that takes over senate as well as the could possibly create more downside risk to the quity market than the other scenarios. stocks are generally expecting some form of mix in washington. one party he washington that we've been in, in the past but they are not necessarily expecting a big blue take over. >> carmel, how are you thinking midterms and how theoretically the outcome could impact the market. i think it's likely that we ee a rash of legislation, of appointments, a rash of policy changes. to the new house
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that's nto session, and possibly what will create a year, so any ext downside. it may be tempered between now happens in january. >> we spoke with morgan stanley if we did ing maybe see the democrats take a sweep. one element that we would see -- it could help the merging markets. where does the dollar go for you and how much does it effect risk taking? you know what? i could imagine that, longer term. it.t term, i just don't see the u.s. is growing at a much faster rate than almost any country in the world. we're in a very strong position to continue to raise rates, and have that scenario it's very difficult for other currencies to really start to against the u.s. dollar in the short term. i just don't see that scenario term.e short >> are there any particular
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sectors that you expect to be sensitive to the result tomorrow? >> i think you have a possibility that sectors like maybe are, financials, even energy and some of the infrastructure and industrials ould be somewhat sensitive though it's really hard to make a case that a mixed congress will be able to accomplish a lot. so i think, again, you have to have a big wave in one direction the other. in the sort of low probability scenario have a big republican you could have a broader, markets emerge but it seems like such a small really ity event it's hard to price that into sectors or industries at this point. > if you had to pick a winning sector, maybe infrastructure. both democrats and republicans that they are willing to spend on that. >> they have. but they haven't produced anything. so i'm a little bit skeptical on
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that one. there are y because usually high leveraged sectors. i would be more inclined to healthcare sector. big pharma. we've seen good numbers coming biotechs, and ie know we have a number of results over the next couple of days, to big pharma like merck, their pipelines are still extremely strong. not that expensive. give good yields. to do expect healthcare well even if we do get a blue wave. supportive en more in some areas, and trump has views ry clear on his that they are allowed to continue pricing. there are a couple of be looking i would out for, and, in the healthcare sector. california has one that will control the amount that you can charge for dialysis. we need to start looking at the tate by state returns on
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propositions, too. so much.you gina, intelligence chief equity strategist. it for the closing bell and for me. be t'd you miss?" we'll heading to florida to discuss what the state means for florida. this is bloomberg. florida. this is bloomberg.
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headquarters in new york. >> here's how we closed the day. mixed. it was a down day for tech.
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the question is -- "what'd you miss?"? expensive midterm campaign in u.s. history coming in, in its final stretch as both a potential re for in the balance of power. legalization of cannabis is on in two states. of the jungle trade practices. >> political reporter -- is in the big apple here with us while in washington, so be key to start watching. >> i'll give you a few of them. mong the first races of the competitive races that closes early at 6:00 p.m., kentucky's sixth district. a key one to watch.
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amy en andy barr and mcgrath. this is a area that runs running deadd it's even. if amy mcgraff can pull this off good omens lot of for the democrats around the country. this is in lexington suburbs. that closes at 6:00. 7:00 p.m., i love this one. perfect indicator of the national move. chamber of s the commerce republicanism, it lipped to dave brat, the tea party era, a more light leaning andidate and it could potentially go blue. abigail is putting up a hell of leans republican specifically. if democrats can pull these two night.off early in the >> it's probably going to be a democratic takeover if they win races.wo >> that race with brat, that was before l district even the rise of the tea party.
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>> it was, and it was viewed as republican seat. defeated eric canter, republicans were not seen to be at any risk of losing see. now what's happened is the suburbs have moved mainly because college-educated white shifted from the republicans to the democrats in the age of trump. kentucky ing back to for a second, andy bar, the republican incumbent got over vote in 2016. what are the demographics of this district that make it more this time around? >> suburbs. that's, you know, what it comes down to. lexington suburbs. a lot of educated voters, a lot of educated women in particular, that's the single most important demographic we see shifting. as i said it will be an test.ant i also want to mention two other ones in new york. valley, john, the incumbent republican faces a challenge from delgado. been some
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controversial ads against delgado, a flash point as to style of politics can work here. 22nd district around binghampton. faces a difficult challenge from anthony -- these two seats are democrats.r if they want to capture the 23 of the ey need to take house these are the seats they will need to win. is whatpture the psyche they have been fighting on. the republicans, trump has gone more divisive. where have the democrats been focusing, in terms of policies biggest issue is healthcare. there is a reason for it. polls show it's the number one americans.most more often than not the polls say that that ranks at the top. democratslls show the have an advantage on this mainly because it exploited the issue safety net and preexisting conditions very well, to pass bills that would
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underline the affordable care act and soften some of the protections. >> right now, who is feeling good? >> democrats are oh feeling good in the house. are feeling good in the senate because there is a big red barrier. rural states, even if democrats nationally, the map is so friendly to republicans, that they could hang on, maybe few seats even if it's a bad night for the g.o.p. >> our national political reporter, thank you very much. a reminder, election coverage egins tomorrow night on bloomberg tv and radio at 7:00 p.m. eastern. with a bunch of bloomberg covering. >> how tomorrow's midterms could change the can in a business landscape in the u.s. this is bloomberg. in the u.s. this is bloomberg.
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-- iggest supply, company
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we'll check on the latest big flash headlines. shares of apples and its biggest riskies, the company won't reproduction for the new iphone 10-r. subcontractors and others to halt plans for production lines dedicated to the device. apple suggested a than expected market. as ohn dugan will take over chairman in january. he's ineligible for re-election to the board. dugan is former head of the city's primary banking regulator, the officer-controller of currency. fortnite has a e new look. every man has more than 125 worldwide yers including many pro-athletes. epic games.ed by
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that's your business update. nabis is on the issue and there are rumors that trump it at the to legalize federal level. talk ow, it's funny, we about cannabis in the market all the time but it's still not legal. the midterms and the subsequent changes move the down towards eventual legalization across the u.s. tomorrow? votes n't think the really play into federal necessarily. ou're seeing that these four states, two recreational, could be $2 billion in sale. you believe it's the economics pushing this forward you could have michigan which would be the first midwest state legalize recreational. wo deep red states looking to legalize marijuana. it speaks to the bipartisan support that's out there and aybe that does get the attention of the white house. >> do we ever move to a level
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where we get some sort of cohesion? >> that's a question and very difficult to say. there have been comments from president trump or through mediators, that he's thought about medical legalization, a move where he ould say, medical is fine and we'll leave the states to decide whether or not to do recreational. that would be very big things the feds dustry if would just end the prohibition. i think that's all they are looking for. setting e companies thome up ahead of the midterms? >> ensuring they are in the right time? at the >> the stuff we've seen from companies is more states like jersey, setts and new where there is medical markets and they are moving toward recreational. those e early in some of states like missouri and utah where you won't have the regulation. the action has been on the east coast where people are anticipating the east coast will get rolling any day now. you mention there are initiatives in a couple of red states for medical. this?rtisan is or is this the kind of thing comes from the red and blue? >> people call it the last
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bipartisan issue. among is stronger democrats for legalization. support among republicans has been growing a lot over the last to 40 years. still under 50%. more generational. to r americans more opposed legalization but it's not as partisan as some of the divisive issues that we see. that way.it >> thank you. what's going in the cannabis industry. we'll continue the conversation horvath, a cannabis reeler, preparing for a public listing in canada. i want to stay here in the u.s. when we talk about the expansion of marijuana, whether it's a recreational, how do e go from an era where we demonize marijuana in the country to one where it's truly where tisan issue on-board.gets peter: the trend is amazing. we're continuing to build a business based on the trend. i think everyone else is. i think, look, reality is, this
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s something you need to lean into. you can't lean away from it. growth in this marketplace. look like the original five million consumers. they will look like everybody sitting right here. product product and development will have to evolve. people won't necessarily want to smoke it. product development will move into early onset cocktails and of foods that you can basically manage doses, get a good effect. hangover , offset a from too much wine the other night. the other thing, on the medical side, obviously there are benefits. here is a big gap between --oids and >> you're a man who knows
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trends. we know your face from victoria secret, from american eagle out 50ers. you're a man who knows fashion. how do you see the way in which people will eventually start buying it. ou look at the younger generation but what about those people who sit around the table, articularly women, who haven't been targeted by the vaping and smoking. this is the product. 90% is the consumers. that's what differentiates my in the m everybody else industry. we're the only team that's taken companies public. with that.lls we're the only team that's competed for customers in come out markets and on top. so the reality is, and i like what you said about women, right. he stigmatized thing it's exploitive commonly towards women. the reality is, if you focus on women, centennial women will follow them and if you focus on them all other women will follow them because comfortable with a 26-year-old position.
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if you get women men will follow them. that's the reality. we're all consumers. we know this in our heart. is an emotional decision. the functional and technical phone before the or after. but creating experiences at that remove dissidence and are emotional is what we're we can do it nd for cannabis just like we've one for lingerie, denim and other products. >> how much is focussed on getting that marketing branding a really great product? peter: you have to have great product. efficacy of nd the that product. we have another half of the business, personal care product, federal issue. it's something we can sell without a license. whole product we're creating better efficacy and quality. beauty king it from a perspective. we've gotten early reads, we were selling through dsw, as a fact, and the initial reads are amazing.
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customers are reacting, i don't customersany of these know what it is but they are buying the product because it smells great, feels great, they face, on their body, and there are benefits hat come with it once they research cdd. >> i was in a store a couple of oil and that sold the i was surprised at the line behind the counter. all women. age, 30, 40ish women. when you talk about branding how o we get from the stage where it's still a commodity, in the way this is marketed to the point where i'm going in and asking for a very specific brand? >> it's what we've done in every other product category. get the best possible product. build a story around it. bring it to life with great experiences, by the way, we know more than 50% of sales are stickiest salese store.ill in a you've got to build compelling stores in your stores, in cannabis, no one seems to be to figure out how to do and build assortments that aren't
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dissident. easy tortment has to be navigate. narrower, the better. vertical brands, brands, emotional brands have narrow assortments. it's not a wal-mart. you can decide which end of the spectrum you want to play. like at ell cannabis he grocery store or like louie baton. each.ow >> good to get your perspective. fight up, the electoral for florida. what the swing state could mean for u.s. midterm elections. head to miami next. this is bloomberg. o miami next. this is bloomberg.
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>> i'm mark crumpton with bloomberg. experts are urity bracing for possible attempts to attack the midterm election by or another adversary. from erence could range altering websites to spreading ropaganda through social media to hacking at polling places. it will be the first real test for fficials responsible securing elections since the 2016 vote. trial of the trump administration's use of its citizenship question on the next for the first time in 70 years got under way today here in new york city.
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are used to s apportion seats in congress and divvy up the electoral college the president. dozens of states and cities say dilute the to political power of immigrants and noncitizens by discouraging from participating in the census. china says it regrets the u.s. ecision to reimpose sanctions on iran but will continue to uphold the nuclear deal that agreed to in 2015. a chinese foreign ministry spokeswoman said today the still be should implemented despite the fact that the u.s. pulled out of it in may. she also said the international community objects to sanctions imposed by e washington. theresa rime minister may's cabinet will discuss brexit on tuesday but bloomberg won't rned she probably ask ministers to approve the terms of the deal. the prime minister is likely to update the cabinet of the past two weeks of technical
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negotiations. still hope to sign a deal with the e.u. later this month. indonesia, investigators say the boeing 737 that crashed last malfunctions on its last four flights. the country's transportation says those ttee roblems involved the air speed indicator. the agency is asking them to measures.ective global news, 24 hours a day. owered by more than 2,700 journalists and analysts in over countries. this is bloomberg. now, the swinneyest of swing states. fight for florida. s on. key senate seat and
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governor up for mid terms elections. in, dare i say, the swingers, how -- what's being them at the moment to ure pro or anti-democrat, republican, what are the arguments going on? >> well, florida is a for campaigns.te ou have a lot of different fictions, didn't demographics made.guments being we have a very interesting senate race where the incumbent nelson is trying to defend his seat against governor rick scott. the reason why that's in a way, they are both kind of incumbents because people in florida know both they are going to vote according to their record of both candidates. interesting very governor's race where you have a remendous jump candidate ronde santos challenging a very enthusiastic african-american mayor andrew gillum. more about the
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governor's race. illum is also pretty left winger, comes from the more left side of the democratic party, is that right? has a more y progressive agenda, more progressive platform than used to for sure. he's supported bernie sanders proposal and he also has said that he would readjust the corporate tax rate 5.5%, which is not as high as some other states but higher than the current rate here in florida. remind you florida doesn't have an income tax rate, so ron andrew gillum does want to raise taxes. side.true on the corporate however, a democratic governor in republican led statehouse, in republican led legislature, he's not going to be able to accomplish all of these agenda items that are on his platform campaign. bit going to be a little constrained by what he can actually accomplish with a government that's not of his own
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party. >> when you talk to people down here, what are they saying is the most important thing to them with regards to what they are going to vote on? a lot of talk about -- and a lot of a of these social and culture issues. to trump.comes down i spoke to people in central florida who are fans of the president. good hink he's doing a job. they like his economic policy and the immigration thing doesn't resonate as much with they just like how the economy is growing. then you talk with some people miami,h florida here, in people are very worried about the climate. they are very worried about sea theality just ut blooms and they don't appreciate the stance that the republican party has taken on that. referendum on trump. immigration is an issue where you have lots of retirees as well as climate change and the that al security issues all americans are talking about.
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bloomberg, thank you very much. for more on what the fight for for the midterms conant.ome now alex from rubio's 2016 presidential campaign. thank you very much for joining us. motivate, in to our view, the florida voter this year? alex: i think she had a good point. it's all about trump. trends very closely to the nation. typically whoever wins in florida and the presidential wins nationwide and it's not just because it's a big but and a swing state because it's very evenly divided. just like our country is as a whole. big medium ot of markets and the media there, ike everywhere else, focus disproportionate0on trump. never mind that he spends a lot far and n florida, so away trump is the biggest factor in the race. there are a lot of trump fans in
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in the especially panhandle, and other areas where trump has been visiting in the last 48 hours. of then there are a lot people that really don't like trump in florida which i think s why you're seeing andrew gillum, the democrat running for governor running what looks like a strong campaign. he's leading in most of the there. >> your former boss marco rubio says there could be a red wave tomorrow. do you see it? >> look, there could be. this is the first national election i can remember in a time, midterm election, where it's really unclear who is going to win. i would not be surprised if democrats won 50 seats in the house. if uldn't be surprised republicans kept the house. i think anything is possible because there are so many close races, in the house of representatives, but also in the senate. i think florida is a great example where we see a lot of house races, and then very close senate race. it would not surprise me if we don't even know on wednesday who is going to win the senate and the house because so many races are going be close. and, to be clear it wouldn't surprise me if there is a blowout for the democrats either. just think there are a lot of
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close races and it could break one way or the other. marco, my former boss, might be right. could end up being a red wave. >> we talk a lot about people being pro trump or anti-trump people, are voters down there, are they focused on anything other than the cultural y and the issues? are they actually looking at some of the tangible legislative could be put forth over the next couple of years? alex: there are two big issues. economy. a lot of republicans especially congressional republicans, and governor scott, have been talking about the economy. to be a this election referendum on the economy. if you like the job creation, that we've growth seen, and we've seen a lot of it in florida you better vote republican. democrats are talking overwhelmingly about healthcare, which is interesting because in he last few midterms they were on defense on obama care. this year they feel like they offense, republicans, let's be honest, mishandled healthcare. they said they were going to care. an replace obama
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they didn't, so now they are halfway pregnant with healthcare, owning a healthcare didn't really like in the first place. democrats i think have done a effective job of democrshowing what they would do. ourselves.kid trump is really the one on the ballot in all of these races. >> for many it's all about turnout. you, yourself, working for marco rubio, you were looking at one articular part of the demographics which was latin american voters in particular. or those coming from mexico. are you seeing in terms of those that haven't been enticed to vote enough? ow would you have played it differently if you were advising the republican or indeed the democratic runner in the state? no, you're absolutely right. the midterm elections are all about turnout. hat's striking about this midterm election is that the turnout, at least in terms of he early vote, is unprecedented. in florida, we've seen more people vote early in this see ion than we typically
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in a presidential election. same in big states like texas looks to be on par with a presidential election. unprecedented and -- my hunch is that it's probably better for the democrats than for the republicans because democrats are more motivated in general, and because republicans traditionally have benefitted in midterm nout elections, in particular, because the democratic base, especially younger voters, voters, simply don't turn out at the rates that older hite voters, who tend to vote republicans do, in midterm elections but that's a real test for the democratic party. they can get those low propensity voters out to the polls, tomorrow will be a good them.r >> many of these swing house istricts are in suburban areas in which sort of, maybe upper middle class, white voters, who reviously voted for republicans, maybe trending towards democrats. big ng some potentially
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swings. with the president making a very late pitch, very much hammering with his ads and his tweets, does he risk trend if the hat goal is to fire up his core base? yes. in a word, yes, he does. i think that's why, when you see doing sional republicans interviews over the last 72 hours, they are not talking about immigration. it was interesting kevin mccarthy, who hopes to be the next republican speaker of house had an opt ed in the "wall street journal," mmigration got one line, one passing mention. most of the opt ed was about and there is an obvious reason. the suburban voters who will majority ofs in the congress next year they care for more about the economy than immigration and they with some of the president's rhetoric on immigration. i think it's helpful if you're state likerepublican north dakota, maybe even missouri or indiana. it is not helpful in suburban
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areas, especially in florida. >> great perspective there. we thank you for joining us from washington on the eve of the midterms. midterms from he another angle now. influential, millner. e's not overly concerned about election meddling. coming to you from california. i don't agree , that it's an existential crisis. little bump on the road. facebook and facebook and instagram are amazing products, than a billion people each. you can't really dismiss it as existential than a billion peo. i think facebook always was and an evolving system, and they responding to n
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challenges, and the challenges hat they are facing can be solved through a combination of attention and artificial intelligence. so, you know, they are testing different products. i think, i feel confident this will be taken care of through technology, you know. it's a technology company. you've invested in facebook and others. the next u think is big thing in technology and in e is the next big thing terms of the hot region for tech investment? well, if you look at the years, if you add would be hina, that 90% of all value that was
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in internet. europe is around 3%. world around 7%. so logically speaking you would hink that europe should be doing much better in the future. catching up with u.s. and china. think china can increase their know, chinese companies go global. conceivable, to see more value for chinese companies. >> more than there is in the united states? well, that remains to be seen. but i think the amazing success u.s. companies have enjoyed in the last 15 or 20 years was really based on the are global ose companies. >> and what about technology, smartphones and social networks and a.i.? a.i.?it >> well, it is a.i., yes. i'll agree with you.
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a.i. is cutting across horizontally, across technologies and each significant company will become an a.i. company. with exclusive interview global founder milner. > coming up, how oil markets are reacting to u.s. sanctions on iran. o u.s. sanctions on iran.
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>> information super highway. > and the car has become an
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accessory to the smartphone. >> car sharing, car-pooling. are ity services proliferating. are proliferating. >> a wild ride today. dropped 1% to close the day down about .7 of a percent. iranian oil sanctions not having quite the impact that thought.s we'll talk to our bloomberg anaging editor for america's tina, ared commodities the new sanctions going to have an impact? think we've already seen whatever impact there might be. as of friday we knew there were eight waivers. we weren't sure who they were
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but now we know. ome of the largest buyers of iranian crude and you've also seen a slight change in pompeo t, we heard mike he wants of state say o bring exports to zero from iran. today the president said maybe zero isn't quite the right the r and you're seeing market relax a little bit in response. >> can we just back up for a second. do some countries get waivers? >> if you look at the history, some of these countries only get or two l from one places. some places have refineries that only work on certain grades of oil so they will get compensations exemptions. we don't know exactly what each way of a getting by
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wafer. we'll have to wait for the details. >> the hedge-fund market out here have been reducing their bets on rising wti. how does the market play out happen?oing to where the bets are going? it's already down about $15 over the course of the last few months. >> it's been an especially volatile time for oil markets. said, the overall net positioning in wti is down a 40-year low. that tells you money is being taken off the table both long and short. we've had volatility that's been fairly unique and what you will see, as you continue to see the iran, you might see increased volatility going forward since there isn't as anymore.a buffer >> i want to ask about a different aspect of the oil market. c.e.o. of halliburton was on bloomberg earlier about how he necks to be more or less gone by 2019. we know there have been all inds of issues with pipelines
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and not enough instruction. how is that being addressed? what's the infrastructure that's bear in this situation that will ease some of those issues? pipelines s, as many as possible. we've seen private equity especially invest heavily in the oil out and get rid of the price level at midland and the price level at houston. as you sort of think about that, even today with the sanctions we weren't seeing the price curve move much at all seems to because it be pricing in the fact that we'll have a substantial amount 2019.take by >> the market works. >> we thank you, great market.tive on the oil aim, g up, jack mar takes find out the most stupid thing. the answer may spry you. may sp.
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jack ma a, co-founder
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had some choice words calling most stupid thing. more let's bring in sheri. he's been pretty downbeat entree tensions before. >> yeah. he said earlier, last month, trade war could last for two decades. his is the same conference at which the president, an import shanghai, he hit back at president trump's policies calling this the law of the jungle. he's been pretty downbeat. but he's been warning that -- it doesn't matter if the u.s. pushes china. it is becoming a country that from the united states. >> how surprising was it that this big trade fair, really addressed this sort of protectionist move on the part states?united in the past he's talked about globalization. davos last year, more
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general, but this seemed more pointed? of e's taking advantage these global settings, isn't he? like last time he was trying to voice of mself as a globalization which, as we know, given china's c market situation, and also, heir lack of reform which is what the u.s. has been pushing for. this time around, this was at home base. we were expecting this event to bigger than what it was. so whether it's company company c.e.o.s, fewer than expected. of state of smaller economies rather than large ones yet he did take advantage to try message. a buenos fore the g-20 in aires. dealt ind of, you know, with the saudi issue, maybe not to the liking of everyone but he right?dress it, >> that was pretty interesting. we were really watching what he
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about the journalism khashoggi's murder. is company has close ties with saudi arabia and he was pretty proactive. he did say he had pressed the get to the bottom of the killing that he's going to ask for accountability. that he did mention, as this full-screen hows, they have accepted investments from the citizens of saudi arabia so it's important hat investments for the economic diversification of saudi arabia take place and they turn their backs on the saudi people. just saying they will use the money that they got. $45 billion. > out of that $100 dollar vision fund. >> how much are people, investors in asia, will be midterms?he >> i think it boils down to what senate in the house and and what happens to risk sentiment and trade tensions but talkingnest, we've been to lots of analysts and what they say is, okay, it's a big
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week, but president trump's larger policies may not change. >> but just as a thing, people will be talking about, know it's it and have tching some idea of the house and senate, is this on people's minds? people's minds is very simple. will democrats take over the house, if that happens. more risks of impeachment talk and will that raise uncertainty in the markets? to the u.s. dollar? and what happens to asian that happens. >> all focused on trump, not surprisingly. we thank you. miss more of her stories on daybreak australia 6:00 p.m. don't miss this. he bloomberg new economy forum kicks off in singapore with san woods. >> our special midterm election starting tomorrow at 7:00 p.m. eastern. i'll be there on our midterm markets desk. this.d don't miss not quite as exciting but papa
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john's reports its third quarter earnings after the bell. not quite as exciting. >> bloomberg technology is up next, joe. >> have a great evening. this is bloomberg. ening. this is bloomberg.
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emily: i'm emily chang. coming up, the big test of election security. experts brace for attacks in the final stretch of the u.s. midterms. facebook mature and other platforms, have they done enough to fort take news, misinformation and meddling? plus, the most influential tech investor from russia is not overly concerned about meddling. we will hear from him.

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