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tv   Bloomberg Technology  Bloomberg  November 3, 2020 5:00pm-6:00pm EST

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♪ to "bloomberg technology." we are about an hour away from the first peoples closing in kentucky and indiana. reports. live candidates joe biden and donald trump as for the voters, more
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than 100 million people cast their ballots early, which means incould see the is turnout the print -- see the biggest turnout in presidential election. but we are seeing attempts to undermine it. tols and texts attempting discourage and intimidate voters today. how keytalk about social platforms like facebook, twitter, and youtube are looking andrevent disinformation postelection civil unrest. first, a check on the markets, where u.s. stocks rallied for a second day. investors have been incredibly anxious leading up to this moment. just how anxious were they today? abigail: not so anxious today. at one point, the s&p 500 index up 1.2%. thehe close, up about 1.8%,
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best day in about a month. around anxiousness, the vix below 35. some are saying that it suggests that it means that there will not be decision soon, that that is no longer the case. that the volatility investors are telling us that we are more likely to know who will be the next president sooner rather than later. we had bonds selloff. overall risk on appetite. as for the rhetoric around the possibility around a blue wave, indicators moving in that direction. composition,sector over the last five days. material and industrial sectors, both of those more cyclical, those have claimed. those do favor former vice president joe biden. tech and discretionary half sold off.
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sectors associated with president trump. this move into the cyclicals, many are saying this favors a blue wave. theet strategists to watch markets into the election. about toax companies -- expected to outperform. former vice president joe biden is expected to raise corporate taxes to 28%. the fact that you have the low tax companies, around eight possible blue wave. have full on risk on appetite. emily: these results could be days, weeks, hours. perhaps, no decision for an extended period of time.
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number one thing that investors like is uncertainty. from that perspective, no decision would probably be a negative for stocks. on the other hand, if president does when, you could make the case, tactics might stay the same. you could see stocks continue to muddle along in the sideways range over the last 3.5 months. if joe biden does when, it seems as if most experts think that will positive for stocks. that seems that a big stimulus deal will get done and worry about texas at some point in the future. the interesting thing about the range we are looking at, that is over the last three months. the s&p 500ined, index gaining into the election, it typically means the incumbent
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wins. when it falls, it means the competitor wins. possibly insign favor of president trump the bottom line for the markets, they think this race is narrower than perhaps the polls are suggesting. probably more uncertainty ahead. emily: abigail doolittle, thank you so much for that round up. election night is here. the first polls closing in just under an hour. despite the ongoing pandemic, to choose between president trump and former vice president joe biden. david westin is with us, hosting election coverage from bloomberg headquarters in new york starting at 7:00 p.m. by the end of the show, the first polls will be closing in indiana and kentucky. david: it is good to be excited.
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don't hold your breath. in all likelihood, we will have to wait a while for the reason you suggested. it looks like a lot more people showed up today. it will take a while to count votes in places like melania and north carolina. we will be looking early on, are there any implications, if georgia went for vice president biden, that would be a surprise. in general, we have to be patient, wait for the votes to come in. it may not be tonight or tomorrow. we have done that before. it happened in 2000 after all. emily: talk to us about the process. just because folks voted early, those early votes will not necessarily be counted first. david: in pennsylvania, they could not start counting until today. the pennsylvania secretary of state said you probably will have to wait a few days to find out.
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florida has been counting all along. they said, we should know it within a half an hour or an hour of wendy polls close. that is 8:00 p.m. eastern time. early on, you might getting false positive either for the democrats or republicans as certain votes come in and others catch up. the president, the former vice president made some stops today. the president vowing to fight in pennsylvania over counting issues. talk about what we are preparing for as the president attempts to mount a legal challenge to the results whenever we get them? david: as you point out, pennsylvania is a big one. the supreme court, they denied a stay on that. that is a question of whether they can count votes that coming after november 3. there is a similar challenge in north carolina.
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what they are doing is segregating out those votes. in case a court later on says you cannot count them, then they won't count. in texas, drive-thru voting, thus far they said you can count the drive through. there are votes that we are not sure if ultimately will be counted or not. go back to 2000. i was there, i know what happened. it was five weeks before he finally knew who the president was. media and trump's expert use of it has been a theme of the show for the past four years. before the democratic nominee was even known, trump bought the masthead opening ad on the youtube homepage. arguably, social media is now more important than ever. willu think social media
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play a factor in this election? uses it., joe biden he does not personally tweet as proficiently as the president does. what is your take on that? david: social media will play a big factor. the question is, what factor will it play? there is no doubt that the president is a master in social media and the way the is a master of reality tv programming. 2016, social media was a very big deal. republican strategist this time say, in 2020, more effective has been messaging, getting groups together, sending messages to each other, text messages as well as emails. they think they are ahead of the democrats on that. the big issue is where the social media reports or miss reports what is going on.
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some may use it to try to declare victory. as you know, the big social media companies taking big steps to try to curtail that. emily: facebook, twitter, youtube all taking steps in the event that happens. and your former life, you were anti-trump lawyer. -- antitrust lawyer. given all the scrutiny on big if there is ae, changeover, given that the former vice president is not really detailed his thoughts here. david: we have not detailed at all what the former vice president would do on antitrust. david cicilline has got that we want athat fundamental restructuring of big tex. predict,e going to whether it is a democrat or republican who leads us forward, big tech is not off the hook.
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of democratsndency to go after a behavioral remedy. the breakup of at&t happened under a republican administration. republicans tend not to like behavioral restrictions. they say, let's break it up and restructure the whole thing. emily: we will have to "bloomberg technology have you back more often on -- have to have you back more often on "bloomberg technology." thank you. two into our presidential election coverage that david will be hosting tonight at 7:00. coming up, authorities are racing to make sure that americans can cast their ballots and know that they can count. we will hear from the former cia military analyst, in what could be at stake not just today but in the aftermath. targeting calls are voters in flint, michigan, in an
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effort to mislead. we will hear from the michigan attorney general dana nessel. this is bloomberg. ♪
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bloomberg has learned that the fbi is investigating reports of misleading robo calls telling people to stay home because of long lines at the polls. residents in michigan got calls saying they should vote on wednesday, that is tomorrow. the active homeland security secretary chad wolf says there is no indication that foreign actors have successfully meddled in this election. joining us, former cia analyst. what do you make of these
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last-ditch efforts to undermine the election? >> i think these efforts are unfortunate. you obviously don't want these to be happening during polling time. you want to look at voter interpretation. at foreignlook sources, and violent intimidation. fortunately, here on the east coast, it is 5:00 p.m. eastern, some incidents. have not seen anything really at the polls, any violence, threats of violence, anything widescale. given all the concerns going into today, i think on that front, we will be ok. toneed to pay attention misinformation and violence. until the election is final and
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confirmed. emily: my sources at some of these tech companies are telling me that they are mostly concerned about what is happening after the election, the possibility of civil unrest. what is the likelihood that we see violence or civil unrest in the streets? >> i think the likelihood is quite high if we are in some sort of protracted situation. i think you could see violence in all three scenarios, a trump victory come a biden victory, or protracted situation. you had testifying on both sides, extreme left and extreme right, both sides of the aisle, they have been tracking these groups and have seen threats to the election. this is a time when there will be a lot of uncertainty. there is not just the election in the next few weeks, there is the covid epic, other things going on. and the country is extremely
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polarized. having said that, while the probability of violence is quite high, i want to point out that we have agency in how these things unfold. leaders have the ability to lower the heat. we have the ability, the media, to make sure accurate information is getting out. wray, bill barr of all of these individuals should be out there and making sure that they are not only calling for calm on their own side of the aisle and the other, but they should be making clear as a deterrent that they will be punishment and you could face criminal charges for any kind of violence, whether on property or individuals. emily: let's talk about a tweet from the president that twitter flagged on the eve of the election. the president tweeting, "the supreme court decision in pennsylvania is a very dangerous
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one. it will allow rampant, unchecked cheating and undermine our laws. it will also induce violence in the streets. something must be done!" this is now behind a warning on twitter. what do you make of that? >> i think tech companies will have a tough time in the coming days particularly if we don't have an outcome. they're trying to take actions to maintain the flow. it is on the public to make sure they are using good sources of information and people are going to say all sorts of things online and through the rest of the week. i think it will be best if people take a deep breath, wait. notelection will probably come to a final outcome tonight. i am not an expert in election law but i have a feeling, based on tracking the mail-in ballots
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voting, we might not see an outcome. people need to make sure that during this time, we are not trying to instigate violence and let information inflame or ignite a potentially volatile situation. from homelandrd security saying that there is little evidence that foreign actors have interfered. over the past couple of years, facebook and twitter have been taking down accounts. what can you tell us about the threat landscape domestically to interfere and foreign actors to interfere online? >> i believe there are threats on both sides. you saw the press conference and week, john ratcliffe director of the fbi wray.
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they were concerned about the foreign threat of iran, russia. having said that, it is not just for an act is trying to exploit the hyper polarized environment. you have antigovernment groups, anarchist groups, violent elements of groups like antifa. you also have white supremacists and right wing militias. all of these groups are quite vocal in online forums. one, the mostle high-profile one, was against the governor of michigan. the election created the perfect opportunity for people to exploit the uncertainty, the polarization, and basically a confluence of factors that we are seeing come together in the next few weeks. former ciaright,
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security analyst, always appreciate your insights on the show. a reminder, there will be much more on misinformation and bad actor attempts to undermine the election. tune into our 2020 election coverage tonight. coming up, and a slightly different story, ipo dreams dashed. china is halting the billionicipated $35 public debut. this is bloomberg. ♪
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was poised to become asia's richest person with aunt group on the cusp of the stock market debut. then, with billions on the line, chinese authorities have abruptly thrown into doubt the future of the fintech company.
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let's bring in the reporter covering asian markets. what happened was, less than two weeks ago, jack attended a very high-profile forum in shanghai and made a speech in front of china's top financial regulators. up,alled the accords cooked that that is a little bit inflammatory. he also said that china's biggest problem is -- financial ecosystem. he said chinese banks are not willing to lend to smaller enterprises. he said that financial regulators, he volatile whyation, and he questioned
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$2 trillion losses. he was being too inflammatory. especially with china just having the five-year long-term planning. i think that they are just trying to show -- trying to rein jack ma in and telling him to shut up. emily: what is your sense of that, whether this will happen or if it is off the table for good? is offi don't think it the table. extension. to be an that jack ma is in quite a bit of trouble right now. a pickup,po, it is not permanent. ren ofall right, shuli bloomberg opinion, a story that
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we will continue to follow out of asia. thank you so much for your reporting. coming up, voting continuing across the united states. we will get a look from biden's election night headquarters. and robo calls are targeting voters in flint, michigan, and several other states. we are going to hear from michigan attorney general dana nessel. she will be our guest next. this is bloomberg. ♪ are you frustrated with your weight and health?
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now it's your turn to lose weight, look great, and be healthy. get off the floor and get on the aerotrainer. go to aerotrainer.com, that's a-e-r-o-trainer.com. emily: welcome back to "bloomberg technology" i'm emily chang. alexion returns are due in-- election returns are due in hours. 's campaigniden headquarters in wilmington, delaware. what is the mood there tonight? both optimistic as well as cautious. biden initially said he was expected to come out and addressed america but at this point he is saying he is only going to com eout if he has something to say.
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biden spent most of the day in pennsylvania. that is a key state for him that his campaign is hoping that he wins. but there are number of other swing states. biden's campaign says he has a lot of routes to victory. it might be a few days until we can actually say who the next president will be. today, he reminded us is superstitious. he is not sure whether we will hear from him tonight. talk to us about how things have shaped up in the final hours. we know he was in pennsylvania, senator harris was in michigan. even as, you know, the biden campaign is maintaining a lead in a number of different states. nobody is counting it in the bag. >> yes. that is exactly right. nobody is counting on any state as a sure won for 2020. not after what democrats went through in 2016 when they lost sometimes by very narrow margins, number of states that
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used to be reliably democratic. this year, they are definitely making an effort to get out, to be there. we've seen a campaign visit pennsylvania, michigan, ohio, even iowa, even texas which usually is not considered in play. death knell had a visit from senator harris last week -- definitely had a visit from senator harris last week. there is cautious optimism we might see good news. but there is a warning that would might take a couple of days and american should be cautious if donald trump decides to call a victor be so we see it official result. victory before we see an official result. emily: the vice president has been campaigning as a traditional politician shaking hands. this was not possible with the pandemic continuing to rage and one of biden's main messages is we need to stay safe. which has meant that alternative channels have an even more important.
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this is something we know that president trump's expert at. he expertly uses social media to his advantage. how do you assess biden's ability to break through on some of these alternative, digital channels at the 11th hour? thingl, i think the key to look at here is the amount of money that biden has raised because that is what is going to allow him to get on air, to get out digital and phone banking and frankly, biden has raised a ton of money for this election for his campaign argues those funds that will allow him to reach voters and additional capacity. it is very interesting. it has been flipped this time a little bit. republicans are the ones with the strong ground game, knocking on doors for months. trump has been holding rallies but the biden campaign see coronavirus as a key part of their message and making sure americans are staying safe and keeping healthy. and with that message, so socially distant campaign that we have seen. and we will see in the next few
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days whether or not it pays off. emily: all right. mily wilkins at biden campaign headquarters in wilmington, delaware. thanks so much. sticking with the election, an it.mpt to undermine officials in michigan have one residents in flint that robo calls are being made in an effort to confuse voters. joining us on the phone, michigan attorney general dana nessel. dana, you have been warning some of your citizens about this, not xtst robocalls but te telling voters they should vote tomorrow. that that machines are malfunctioning. what do know about the source? >> we're investigating right now. and we take all illegal robocalls very seriously. in normal times, in other days robocalls are always a problem. not just in michigan but nationally.
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and we investigate them but normally we try to -- they try to con people out of their money. today they are trying to con people out of their vote. we want to combat the spread of disinformation. with accurate information. we are resending out press releases. and being very active on official social media accounts to get the word out that this information is not true. know theye people have outstanding warrants, they are not going to be arrested at the polls. there are not these long lines. certainly you cannot vote tomorrow. fore is no reason to fear your safety or your health or anything of that nature at the polls in michigan. we are having otherwise a spectacular day, very, very few incidences of any kind. things are going really well and i am hopeful they will continue for the next couple hours. emily: right. as w understand it lines,
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moving along quickly. robocalls have been a problem and new york. you do not have a sense of who is behind them. >> we are making progress on the investigation, that's all i can say. relatedelection robocalls that we are prosecuting right now and we charged weeks ago. and in the event we are able to identify the perpetrators of these calls we will do it again. we intend to remain vigilant and be incredibly aggressive in terms of individual who violate our election laws and who try to suppress the vote. we're not going to tolerate it in michigan and most state ag's aroma countries feel the same way. emily: do you have a sense of how widely the calls went. do you know how effective they were in discouraging voters? >> i think at this point it is hard to tell. we did a really good job of
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getting the word out, that this is misinformation, letting people know that it's not true. for accuraten go information. at this point, we had a number of complaints, i know we are not talking about just a couple calls. but, in terms of exactly how many, we don't know at this point.a we are doing further investigation and a lot of these were national and we do believe there are some, remember, there are many types of these calls that came in, some may have originated from a foreign actor but it is early to tell exactly where all of them came from. emily: let's talk about some of the success in michigan adding on500 voters to your rolls election day as a result of estate law that allows people to register on election day.
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talk about how voting -- we know senator kamala harris was in detroit today as well making one of her final campaign stops. how are things going otherwise in the state? >> i think they are going great. you know, we have first time in a general election we have absentee voting which was passed 2018.baloolot in in 2018, none of us could've foreseen we would have covid-19. so, most of our voters have chosen to vote absentee. 3.1we have we know over million michiganders who voted that way. the expectation is that at least another couple million will vote today. we do not have the final numbers in. it sounds like it is going to rival 2008, which was a very big turnout for us. so, a lot of engagement, a lot of enthusiasm. just verywe're
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excited with the number of people who have participated. obviously, our democracy is strong. when most people participate. we are really thrilled about it. i am looking forward to seeing exactly what our numbers look like when the polls close. mostly, we have a few counties up north that are in the upper peninsula that actually close at 9:00. officially canng be done until 9:00. that: well, we know michigan has a history of leaning one way and then leaning the other. we had a guest talking about, who works at the cia, he's concerned about postelection violence whether it is trump noning, biden winning or decision. how concerned are you about postelection violence, civil unrest in the streets and what are you doing to prepare for that? >> you know it's interesting because we were spending much of our time actually preparing for
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or harassment of voters on election day, and here we are, again, i do not want to jinx it, we have a couple hours almostbut we've seen none of that. to me, at the end of the day, we were over prepared. we have had almost no concerns of any kind about any sorts of violence at the polls. that gives me great hope that whatever is to come, that we see something similar to that. and i think that, you know, -- re's tension and anxiety surrounding this election but if today is any indication i do not have any worries at all in the days to come. what has been great is those of you in the media have spent a lot of time sort of putting the information out there that this year in different. tn michigan we cannot star
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counting the votes until 7 a.m. today. all of those millions of absentee voted we did not start counting until this morning. we will absolutely not know who the winner is in the presidential election tonight. it is literally impossible. you know, it is not going -- can it take a couple days? yeah, it can take a couple days. people have to be patient and wait and understand that every legitimately cast vote counts and we have to get through all of them. so, i'm hoping that the next few days will mirror what we have seen today. a lot of excitement, enthusiasm. no civil unrest of any kind we have seen today. emily: it certainly helps us do our jobs when state leaders join us. michigan attorney general dana nessel, thanks for giving us an update on those robocalls and the state of voting in your state. tune in tonight to our 2020 presidential election special coverage, 7 p.m. eastern time. you do not want to miss it.
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coming up, look at how social media campaigns have influenced the vote. we'll talk to the president of ad victory about how he is gauging public opinion online. this is bloomberg. ♪
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emily: this year presidential candidates relied more on social media than ever before. adm is the president of factory and a consultant to the republican fundraising arm win red. he talks about how his social strategy has evolved throughout the election. your job is to gauge public sentiment via social media. does that mean you can tell us who is going to win tonight? >> i wish i could.
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it is something we have been looking at for a long time. we started in march, since then we have looked at 2.5 posts relative to supporters for president trump are vice president biden in battleground states. we got an interesting read on the electorate this year through the social intelligence technology and i think it is going to be -- and trying to see how that translates to actual votes. emily: you are measuring things like voter intent in better ground states. what are some of the trends that stand out to you? adam: that's right. we are looking at all kinds of word usage patterns, for how people talk about candidates positively and negatively. there was a very static period when the economy shut down relative to covid and people were dealing with that change of lifestyle relative to the support for each of the
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candidates and the issues around it, really dominated conversation. we went to this dynamic period very quickly and abruptly in the race were removed from issue to issue right around -- passing th e supreme court vacancy which was a great moment for republicans relative to the support and the energy the base had around that moment. quickly transitioning into a moment in time around the first debate, the issues that came out around that around white supremacy, racial issues back in the mix. and ultimately in president trump's covid diagnosis and back on the supreme court issues. in those moments, that really shook up the race, ebbs and f lows positive moments for president trump and positive moments for vice president biden. as we move to election day, it has flakka and -- it has fled back where we see have higher level of support for democrats compared to republicans. to where we are now moving into
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election day. they: now, meantime, platforms themselves have been doing a lot of evolving of their policies. youtube working to de-prioritize fringe channels but then ultimately leading to a boost for fox news. president trump page, fox news page on facebook are the most popular news pages on the platform. evolved asr strategy the platform strategies have evolved? have you noticed any particular political bent to youtube and twitter and facebook? adam: those are all the platforms we look at. we have the data feeds into facebook, twitter, youtube comments and those types of things. facebook tends to be conservative. a much more conservative. also much more limited in the access we have from a public safety point of view for this type of analysis. tend to be reddit independent and liberal and younger.
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and some themselves out. i think the usage of them, twitter with limiting their voting to -- that has changed a lot of strategy and that channel. president trump is done well with his reach and his conservative figures on their the usage pool seems to be younger and more liberal. on the facebook site, strong platform for direct response. advertising, fundraising kind of campaigns. you've seen both campaigns really leverage facebook in dramatic ways in terms of dollars spent for those types of things. facebook would have taken the same approach as twitter and id advertising they would've had a much greater impact on campaigns that may be what twitter had there. emily: all right. fascinating stuff. we will be watching some of your analysis as the result -- thank you so much. for joining us. all right. we are just minutes away. polls nearing closing time and
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parts of kentucky and indiana. let's get the latest now from president trump's campaign headquarters. i want to bring in mario parker at the white house, covering the president for some time. mario, what is the mood and the trump camp? mario: the president earlier today -- a pretty upbeat message. he was displaying optimism about his chances tonight. before, before i joined you all i was on the campaign call with his campaign manager, and jason miller, an advisor. they are stressing confidence about the president's chances. particularly in two battleground states. emily: so, talk to us about the states that really matter here. president trump has not been leading in the polls, but as we saw in 2016 things could turn in his direction. and the results will be likely on even given how many folks have voted early, the time polls close, the time we get the
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results from the metropolitan areas. are we going to see some whiplash tonight? mario: the president's campaign is hoping that lightning will strike twice. in 2016 he scored the unexpected victory here he is hoping the polls are wrong again this time. they are betting on what he calls a red wave in terms of turnout today, in person voting. they never were surprise the democrats came out to the early lead in terms of really voting. particularly in places like florida and pennsylvania. but they are hoping their voters were turnout, republican voters are going to turn out in person today and tilt things in the president's favor. president trump's campaign expertly used social media and 2016. he is continuing to tweet prolifically by the minute. talks was about his last ditch strategy to get to voters. on the others out of the country. that he cannot see in person. mario: the president strategy
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has never change throughout this administration. he has wielded social media and twitter, he has used it as his most powerful weapon outside of his rallies. you are seeing him in tweet, urging his supporters to vote. you have also seen him undermine some of the voting process in terms of just mail-in ballot and expressing displeasure with supreme court rulings particularly in pennsylvania. emily: now, the president has said he will not declare victory unless he actually wins. do you believe that? amario: that is not clear. the president played coy in 2016 . it has dominated new cycles whether or not people can see if he in fact loses. earlier today, the campaign headquarters, he was noncommittal. he said he had not thought about a consensus speech, nor had he thought about a victory speech. he was hoping for the latter. but the president in 2016 plate coy about whether or not he
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would accept results. emily: so, talk to us about the legal challenges the president could mount in the aftermath. he has already been focusing on pennsylvania. mario: no, absolutely. he has been focusing on pennsylvania, quite vocal about that. i traveled with the president this past weekend outside of air force one, he talked about the fact that he will have lawyers coming in immediately following the results of the election. his campaign for months has been signaling that they will mount legal challenges. democrats come of course, won't be caught off guard by any of this, given the president's -- no, the president probably will, if he sees malfeasance he will try to amount to legal challenge. emily: all right. mario parker at the white house. you will be seeing some action tonight. we do not know what kind of
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action but there will be something. thank you so much and good luck tonight. paredt to stop in arizona once known as a reliably republican state, it hasn't voted for a democratic candidate since bill clinton one in 1996. but the face of arizona politics is changing. the ground and chandler, arizona. ed, you gave us a picture of whatever zona looks like at this moment. what are the latest developments in terms of how many people have showed up in person, how many folks have voted early and what that signals about which way arizona will lean tonight? ed: the republican party and president trump are playing catch up in arizona. mail andlots, vote by imprison, as of yesterday they exceeded all of the 2016 counts which left the president targeting core registered republicans and more conservative leaning independents. the strategist i spoke to in the
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last five minutes tells me that based on in person voting today the republican party feel they are behind where they would need to be to catch up, because that early voting was very much skewed towards the democratic basicallyb been taking advantage of aenn are seeing a growing latin population, a growing asian and growing median income and educated population, more liberal and likely to vote democrat. leading the republicans having to catch up. the president can energize for people to vote in person but he would need real support in rural areas and he would need 90% of registered republicans to vote in person. what i am hearing is that they are behind where they feel they should be in order to get arizona. i are out you and here on the west coast. we will be part of the last returns. is it going to be a nailbiter in arizona?
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could arizona be a deciding factor in tonight's election? ed: yes. there is no doubt. strategist, pollsters, both theirs -- pollsters tell me this is going to be a close race. the democrats have made progress on this date since 2016 and since the 2018 midterm, but it is still a state of more conservative voters, even if the demographics has changed. that said, the president is seen as a divisive character here, even among republicans. one areas he has seen bleed -- white republican women. on moral grounds. he does not represent what they feel a presidential candidate should be. , talk to us about the rest of your night, what you are going to be watching. reportingne a lot of on the counting process. what is next for you? good atona is very
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counting votes. it had early voting and mail-in ballot since the early 1990's. 65% of registered votes have been accepted, meaning they have been counted. the proportion would be counted today is relatively small, which is interesting. we will get an unofficial result at around 8 p.m. local time, 10 p.m. eastern. but that will not take into account ballots that are cast after november 3. only ballots cast in mail or in person prior to november 3. what i am hearing from both sides is they do expect the official resulting come in seven days time, five business days time. we will still be waiting and counting. it will be sometime before we get official results from arizona which is a swing state now. emily: absolutely. ed ludlow on the ground and chandler, arizona. ed, we'll be watching you all night. we are minutes away, four minutes to be exact to some
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polls closing in kentucky, indiana. the first pulse in the united states. stay tuned for more on the returns coming out of there. and do not miss our special coverage of the presidential election tonight 7 p.m. eastern time. more of bloomberg television after this quick rate. -- quick break. ♪
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save up to 80% on your prescriptions. - wow, i had no idea. - [announcer] goodrx, stop paying too much for your prescriptions. the world awaits the outcome of the u.s. election, the sometimes bitter campaign is over. voters will now decide who holds the key to the white house. for the next four years. you are watching daybreak asia. from bloomberg's world headquarters in new york. haidi: we will be live in washington at the biden campaign headquarters in delaware. next close some in the hour with contenders projecting confidence. trump says he expects a big red wave.

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