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Aug 13, 2020
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does bridgewater buy into that theory? karen: the advice we have for investors, if you believe it is a tripolar world -- and i believe it is unquestionable that we are in a tripolar world. the u.s., china, and europe. each contribute similar amounts to global output and demand, each run their own monetary and fiscal policies, kind of set on their own needs, and if anything happens in either of those countries, there is a lot of ripple affect two countries around them. as an investor, why would you only want your money in one of the three? most investors are highly concentrated in the united states. especially when you are going to where you are saying, having a lot of pressure around fragmentation, pressure on companies to have their production be more localized, pressure to think through whether you will be allowed to move things across borders, and something that could turn into outright conflict, it is not a sensible time to say let me have my investments in just one of the three poles. most investors in the world have
does bridgewater buy into that theory? karen: the advice we have for investors, if you believe it is a tripolar world -- and i believe it is unquestionable that we are in a tripolar world. the u.s., china, and europe. each contribute similar amounts to global output and demand, each run their own monetary and fiscal policies, kind of set on their own needs, and if anything happens in either of those countries, there is a lot of ripple affect two countries around them. as an investor, why would...
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Aug 31, 2020
08/20
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. >> bridgewater brought an arbitration against us alleging misappropriation of trade secrets. arbitration where the final award was made public. they found based on the evidence presented at the hearing we hadn't misappropriated any trade secrets and in fact, they found that we had developed our own methodologies. independently of everything that bridgewater alleged. >> what's your response to the arguments that they think even though you technically won the arbitration they believe that it's only because they couldn't prove that you didn't steal their trade secrets? >> well, i don't want to comment on i guess the specifics of the arbitration given that i think the court actions have been discontinued and resolved on dispute. all i can say is trade secret litigation is something that happens regularly and there are things people use to adjudicate the cases and these are the procedures we went through and the arbitrators final the final decision >> and they found bridgewater fabricated and withheld evidence, disregarded its own records in pursuit of the litigati litigation agai
. >> bridgewater brought an arbitration against us alleging misappropriation of trade secrets. arbitration where the final award was made public. they found based on the evidence presented at the hearing we hadn't misappropriated any trade secrets and in fact, they found that we had developed our own methodologies. independently of everything that bridgewater alleged. >> what's your response to the arguments that they think even though you technically won the arbitration they...
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Aug 10, 2020
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bridgewater associates co.rince has the high-grade corporate debt have traditionally been a place to hold well, the extreme low interest rate brought on by the covid-19 pandemic has upended their role. he spoke to bloomberg's jonathan ferro. bob: while everybody sort of focuses on the change in payroll and people tend to focus on the growth rate, the big issue is the depressed level of spending and income in the economy, which is reflected in the level of the unemployment rate of around 10%. the longer that we are in that situation of a depressed level of income and spending, the more vulnerable individuals and companies are to that set of circumstances. the most likely time frames that the virus impact on income and spending is 18 to 24 months. something like that. it is very uncertain. as you can imagine, we have just had a four-month fiscal program, or one quarter. imagine having to do that a second quarter, third quarter, fourth quarter, 6, 7, eight quarters. imagine having to do that for eight quarters in
bridgewater associates co.rince has the high-grade corporate debt have traditionally been a place to hold well, the extreme low interest rate brought on by the covid-19 pandemic has upended their role. he spoke to bloomberg's jonathan ferro. bob: while everybody sort of focuses on the change in payroll and people tend to focus on the growth rate, the big issue is the depressed level of spending and income in the economy, which is reflected in the level of the unemployment rate of around 10%....
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he was a little was and even wrote a piece because he was so good in playing the by aliens just bridgewater was his name the son of a black servant he even played for the british king later he died and poverty and there was another one. what a name he was the guy in france in the 18th century only a composer was always he was also the teacher of money antoinette and here we see samuel called which taylor he died and 912 pieces are still played today although he's british he's set as a leading role for many americans just 3 very all the examples. they all mates classical history and so even this. is not black they have their place in the classical music scene so black people in classical music are absolutely nothing new thank you so much mike a cougar thank you. now if you've seen the netflix series an orthodox then you've heard the music of berlin based d.j. catnap or sometimes dark electronic tracks provide the sound of youth and freedom the main character s.t. finds in berlin after she runs away from her alter orthodox jewish community in new york before the series started catnap already
he was a little was and even wrote a piece because he was so good in playing the by aliens just bridgewater was his name the son of a black servant he even played for the british king later he died and poverty and there was another one. what a name he was the guy in france in the 18th century only a composer was always he was also the teacher of money antoinette and here we see samuel called which taylor he died and 912 pieces are still played today although he's british he's set as a leading...
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Aug 10, 2020
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nejra: bridgewater associates co.ays while government says while corporate debt have been a place to hold that, the low-interest world brought on by the covid-19 pandemic has appended the role. prince spoke with bloomberg's jonathan farro. >> while everybody focuses on the change in payroll and people tend to focus on the growth the, the big issue is depressed level of spending and income in the economy reflected in the level of the unemployment rate of around 10%. we are in that situation of a depressed level of income and spending, the more vulnerable individuals and companies are to that set of circumstances and the most likely timeframe for the virus impact on incumbent spending is 18 to 24 months or something like that. it is uncertain, but you can imagine, we just had a four-month fiscal program or one quarter. imagine having to do that a second quarter, fourth, fifth, seven, eight quarters. imagine having to do that for eight quarters in a row to make up for the low level of income and spending in the economy.
nejra: bridgewater associates co.ays while government says while corporate debt have been a place to hold that, the low-interest world brought on by the covid-19 pandemic has appended the role. prince spoke with bloomberg's jonathan farro. >> while everybody focuses on the change in payroll and people tend to focus on the growth the, the big issue is depressed level of spending and income in the economy reflected in the level of the unemployment rate of around 10%. we are in that...
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Aug 16, 2020
08/20
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cnn's kristen holmes has been traveling with the president, and she filed this report for us from bridgewater, new jersey. >> reporter: president trump's brother, robert trump, passing away late saturday. a night after president trump had gone on an impromptu visit to new york city. the press had known he was going to new jersey. at the last minute, they told us that he was going to a hospital in new york to visit his brother, robert. we know that he had been seriously ill. but not clear what illness he had. and he had been in and out of the hospital, since the spring. now, the white house issued a statement, on behalf of president trump. and it is, clearly, an emotional and sentimental statement here. it says, it is with a heavy heart, i share that my wonderful brother, robert, peacefully passed away tonight. he was not just my brother. he was my best friend. he will be greatly missed, but we will meet again. his memory will live on in my heart forever. robert, i love you. recollect rest in peace, the president said. so, clearly, there, you can see the strength of their relationship. preside
cnn's kristen holmes has been traveling with the president, and she filed this report for us from bridgewater, new jersey. >> reporter: president trump's brother, robert trump, passing away late saturday. a night after president trump had gone on an impromptu visit to new york city. the press had known he was going to new jersey. at the last minute, they told us that he was going to a hospital in new york to visit his brother, robert. we know that he had been seriously ill. but not clear...
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Aug 16, 2020
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jon: david spunt reporting from bridgewater, new jersey. thank you. >>> well, less than 42 -- 24 hours to go until the beginning of the democratic national convention which promises to be unlike any election year convention. the party is expected to nominate joe biden and kamala harris. peter doocy is live in wilmington, delaware with r many. -- with more. >> good evening. both kamala harris and joe biden will make their remarks this week at the convention from here in wilmington. we're learning some more about where other high-profile democrats will be addressing delegates remottly. -- remotely. >> i'm very honored to have been asked to speak at the convention. i will be speaking with the statue of liberty, looking over my shoulder from the brooklyn waterfront and speaking about immigration and its importance to new york and to america. >> there's not going to be a keynote speaker this year. instead the keynote speech will come from 17 people, including stacy abrams, the pennsylvania congressman conner lamb and the birmingham mayor as the
jon: david spunt reporting from bridgewater, new jersey. thank you. >>> well, less than 42 -- 24 hours to go until the beginning of the democratic national convention which promises to be unlike any election year convention. the party is expected to nominate joe biden and kamala harris. peter doocy is live in wilmington, delaware with r many. -- with more. >> good evening. both kamala harris and joe biden will make their remarks this week at the convention from here in...
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Aug 9, 2020
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jon: a lot of fireworks ahead, mark meredith reporting from bridgewater, new jersey, thanks.une into "fox news sunday" tomorrow. chris wallace will interview house speaker pelosi who is sure to have a lot to say about the president's executive action on coronavirus relief. chris also will have an exclusive interview with treasury secretary steven mnuchin who was one of the white house negotiators in those stalled talks. checklistings for the air time on your local fox station or you can catch it here on fox news channel 2:00 p.m. and 7:00 p.m. eastern time. >>> as we mentioned, our nation is nearing 5 million coronavirus cases. covid-19 is killing more than 160,000 americans so far. take a look at a map of the current hot spots across the u.s. many of those states in the sun belt. senior correspondent claudia cowan is live in california with the latest. claudia? >> and jon, with the u.s. poised to surpass 5 million coronavirus cases this weekend, there's a lot of attention focused on the scene now unfolding in the small town of sturgis, south dakota. this is where one of the
jon: a lot of fireworks ahead, mark meredith reporting from bridgewater, new jersey, thanks.une into "fox news sunday" tomorrow. chris wallace will interview house speaker pelosi who is sure to have a lot to say about the president's executive action on coronavirus relief. chris also will have an exclusive interview with treasury secretary steven mnuchin who was one of the white house negotiators in those stalled talks. checklistings for the air time on your local fox station or you...
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Aug 10, 2020
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bridgewater's bond warning. prince says that could out risk gains if inflation picks up. we will discuss next. this is bloomberg. ♪ matt: welcome back to "bloomberg market: the european open." we are about 48 minutes from the start of cash equity trading across europe and in the u.k., looking at green arrows in terms of futures. may be a risk on monday. i want to get the bloomberg business flash. for those, we go to i'm manus cranny laura wright in -- we go to laura wright in london. pressingudi aramco is ahead with plans to pay 75 billion in dividends despite slumping profits and a surge in debt. the income fell 73% from a year earlier, but the worst may be over. the chief executive says it is already seeing a partial recovery in the energy market. have helpedtiktok the limiter he talks about a merger according to dow jones. not clear if twitter will pursue a deal, but the social network is smaller than microsoft and probably wouldn't face the same level of antitrust for me. berkshire -- scrutiny. berkshire hathaway bought back stock in the second quarter. it saw a 10% d
bridgewater's bond warning. prince says that could out risk gains if inflation picks up. we will discuss next. this is bloomberg. ♪ matt: welcome back to "bloomberg market: the european open." we are about 48 minutes from the start of cash equity trading across europe and in the u.k., looking at green arrows in terms of futures. may be a risk on monday. i want to get the bloomberg business flash. for those, we go to i'm manus cranny laura wright in -- we go to laura wright in...
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Aug 7, 2020
08/20
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i am catching up with bob prince of bridgewater a little later. this pain is going to with be with us -- this pain is going to be with us for the next year. mistake?ready making a what does that look like? julia: we have already made a mistake in delaying. to be clear, the initial round of stimulus was well-designed for the plan of shutting down and controlling b virus, getting things under control, and then evaluating the situation in moving forward. we didn't do that, so it was stimulus designed to build a bridge of support across a temporary disruption. it did that very well. we actually had well targeted, generous support. we still need that. we are still in the pandemic. we still have double-digit unemployment. and yet, there are policymakers who have this perspective that they can sound the all clear. now, i think lisa touched on this earlier, we are starting to see a more typical recessionary dynamic take hold, with more permanent layoffs across sectors, not just the sectors directly impacted by social distancing, as businesses become cauti
i am catching up with bob prince of bridgewater a little later. this pain is going to with be with us -- this pain is going to be with us for the next year. mistake?ready making a what does that look like? julia: we have already made a mistake in delaying. to be clear, the initial round of stimulus was well-designed for the plan of shutting down and controlling b virus, getting things under control, and then evaluating the situation in moving forward. we didn't do that, so it was stimulus...
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Aug 16, 2020
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arthel: indeed, david and bridgewater new jersey.ric: condolences are coming in for president trump after he tweeted last night that his younger brother robert trump had died of an undisclosed illness. sources say he had suffered several brain bleeds recently after he fell, the president lasso his brother, whom he called his best friend on friday when he visited him in a new york city hospital, the white house has not announced the official cause of death, he kept a lower profile than his brother but nevertheless he was well known in new york especially during the years when he was married to elaine trump and he was part of the family business. jared kushner says it is a difficult time for the whole family. >> the president loved his brother very much and he was able to see him the day before yesterday and his brother was very proud of him and obviously a very tough moment for the president but is looking forward to continuing to do great things and make his brother proud. eric: presumptive democrat nominee joe biden said i know the
arthel: indeed, david and bridgewater new jersey.ric: condolences are coming in for president trump after he tweeted last night that his younger brother robert trump had died of an undisclosed illness. sources say he had suffered several brain bleeds recently after he fell, the president lasso his brother, whom he called his best friend on friday when he visited him in a new york city hospital, the white house has not announced the official cause of death, he kept a lower profile than his...
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Aug 17, 2020
08/20
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weijia jiang is in bridgewater, new jersey, traveling with the president. >> reporter: major, president trump found out about his brother's passing at his golf resort here in new jersey. his son-in-law tells cbs news it is a very tough moment for the president. in a statement president trump called his younger brother robert trump his best friend. the president's son-in-law and senior adviser jared kushner spoke about the loss on "face the nation." >> the president loved his brother very much. and he was able to see him the day before yesterday. >> at the same time the president is facing new accusations that his administration is trying to interfere in the upcoming election by crippling the post office. tmp his hand-picked post mast er general louis dejoy. >> he is a very talented man, he is a brilliant business person, he's been great. >> reporter: but congressional democrats say dejoy's recently changes to the postal service are already causing nationwide delays in mail delivery. today the house oversight committee sent a letter calling on dejoy to testify in an emergency hearing nex
weijia jiang is in bridgewater, new jersey, traveling with the president. >> reporter: major, president trump found out about his brother's passing at his golf resort here in new jersey. his son-in-law tells cbs news it is a very tough moment for the president. in a statement president trump called his younger brother robert trump his best friend. the president's son-in-law and senior adviser jared kushner spoke about the loss on "face the nation." >> the president loved...
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Aug 16, 2020
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kristen holmes, cnn, traveling with the president in bridgewater, new jersey. >> and less than an houreted out, uncle robert, we love you, are you in our hearts and prayers always. earlier this week, president trump spoke at the white house about his brother. this is what he had to say. >> i have a wonderful brother. we've had a great relationship for a long time from day one. it's a long time ago. and he's in the hospital right now and hopefully he'll be all right. but he's pretty, he's having a hard time. >> late saturday night robert trump passed away, president trump is expected to attend his brother's funeral. he was 71-years-old. meanwhile, the world is still losing ground in the battle against the coronavirus. the world health organization received reports of a record number of new cases in the last 24 hours. more than 294,000. the figures from the u.s. are just as grim. it's reporting an average of 1,000 deaths or more from covid-19 in a 24-hour period that brings the u.s. death toll to more than 169,000. now, california is still the hardest hit state with more than 12,000 new
kristen holmes, cnn, traveling with the president in bridgewater, new jersey. >> and less than an houreted out, uncle robert, we love you, are you in our hearts and prayers always. earlier this week, president trump spoke at the white house about his brother. this is what he had to say. >> i have a wonderful brother. we've had a great relationship for a long time from day one. it's a long time ago. and he's in the hospital right now and hopefully he'll be all right. but he's pretty,...
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Aug 10, 2020
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off to court, to try to find a legislative solution to provide relief jose >> kelly o'donnell in bridgewater, new jersey, thank you very much. >>> a rare and powerful earthquake hit the east coast today shaking residents on the border of north carolina and virginia. the jolt the strongest the area has felt in more than 100 years. ron allen has details. >> reporter: without warning, sparta started shaking this morning, a magnitude 5.1 earthquake striking near the sleepy north carolina town at 8:07 a.m. christopher and laura carter were trying to sleep in. >> you could hear the rumbling and, of course, we felt the shaking. and i finally -- wake up oh, my gosh! that was a >> reporter: it's been nearly 100 years since anything this powerful has struck north carolina. at least 45,000 did he feel it reports to the u.s. geological reports soon after residents along the eastern seaboard from atlanta to washington, d.c., saying they felt the quake, too. >> there's tons of old faults from when the east coast was more active millions of years ago. and any of those can be reactivated. >> reporter: some
off to court, to try to find a legislative solution to provide relief jose >> kelly o'donnell in bridgewater, new jersey, thank you very much. >>> a rare and powerful earthquake hit the east coast today shaking residents on the border of north carolina and virginia. the jolt the strongest the area has felt in more than 100 years. ron allen has details. >> reporter: without warning, sparta started shaking this morning, a magnitude 5.1 earthquake striking near the sleepy...
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Aug 17, 2020
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weijia jiang is in bridgewater, new jersey, traveling with the president. >> reporter: major, president found out about his brother's passing at his golf resort here in new jersey. his son in law tells cbs news it is a very tough moment for the president. called his younger brother robert trump his best friend. the president's son in law and senior adviser jared kushner spoke about the loss on "face the nation." kushner sp >> the president loved his brother very much. and he was able to see him the day before yesterday. >> at the same time the president is facing new acquisitions that his omministration is trying to interfere in the upcoming election by crippling the post office. over the weekend mr. trump . trumpd his pick of postmaster defended his pick of postmaster general lou general louis dejoy. >> he is a very talented man, he is a brilliant business person, he's been great. >> reporter: but congressional democrats say dejoy's recently changes to the postal service are already causing nationwide delays in mail delivery. today the house oversight committee sent a letter calling to
weijia jiang is in bridgewater, new jersey, traveling with the president. >> reporter: major, president found out about his brother's passing at his golf resort here in new jersey. his son in law tells cbs news it is a very tough moment for the president. called his younger brother robert trump his best friend. the president's son in law and senior adviser jared kushner spoke about the loss on "face the nation." kushner sp >> the president loved his brother very much. and...
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Aug 8, 2020
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>> kelly o'donnell in bridgewater, new jersey. thank you. >>> as covid cases in the u.s.ass the 5 million mark a small city in south dakota is getting a lot of attention this weekend for hosting a massive rally that some fear could spark a new outbreak. kathy park reports from south dakota. >> reporter: the largest motorcycle rally in the world packing sturgis, south dakota during the pandemic. >> you just got to do it. there is not a reason not to. public gathering since the start of the outbreak. hundreds of thousands are expected. masks are encouraged but not required keeping with state guidelines. many choosing to go without one. >> you just be careful. you can't not live life. >> reporter: despite the state's low number of reported cases, a majority of the concerned about a super spreader event. the powers that be didn't stop this or at least try to stop it. i think there's going to be serious consequences. >> reporter: consequences of the pandemic already felt in schools across the country as students start returning to class. the largest school district in georgia
>> kelly o'donnell in bridgewater, new jersey. thank you. >>> as covid cases in the u.s.ass the 5 million mark a small city in south dakota is getting a lot of attention this weekend for hosting a massive rally that some fear could spark a new outbreak. kathy park reports from south dakota. >> reporter: the largest motorcycle rally in the world packing sturgis, south dakota during the pandemic. >> you just got to do it. there is not a reason not to. public gathering...
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Aug 6, 2020
08/20
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from bridgewater associates he also has a distinguished career public service as under secretary of treasury and even i work together while we were in these two roles also a graduate of west point not the same year of secretary esper but at the same time. i will turn this over to you. >> thank you. secretary esper thank you for joining us today growing up in western pennsylvania and carry throughout your great career. i dressed appropriately so were glad to have you here. will turn it over to and then have a conversation. >> thank you for that. i'm glad to see you and that you're both doing well. so to say a few things up front to set the stage when i was confirmed over one year ago with the national defense strategy. we are now in the era of great competition our chief competitors are china and russia in that order. 's of those threat of violent extremist organizations. so we have three lines of effort i free up time and money and manpower. and what we been doing over the past 12 months i will list some goals. review and update and approve all russia and china plans. implement the immediate
from bridgewater associates he also has a distinguished career public service as under secretary of treasury and even i work together while we were in these two roles also a graduate of west point not the same year of secretary esper but at the same time. i will turn this over to you. >> thank you. secretary esper thank you for joining us today growing up in western pennsylvania and carry throughout your great career. i dressed appropriately so were glad to have you here. will turn it...
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Aug 9, 2020
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with the labor market, we have got news from bridgewater's co-cio. he spoke to that report.s his views about what a lower to invest in for longer environment. >> while everybody sort of focus is on the change in payroll, and people focus on the growth rate, the big issue is the press -- depressed level of spending in the economy. longer we are in that situation of a depressed level of income and spending, the more vulnerable individuals and companies are to that set of circumstances. the most likely timeframe for the virus impact is 18 to 24 months. it is uncertain. we have just had kind of a four-month fiscal program or a one quarter. imagine having to do that i second quarter, -- that a second quarter or eight quarters in a row, to make up for the low level of income in spending in the economy. on the the potential dollar, on inflation and other aspects. as that lingers on, you have a combination of economic destruction with liquidity expansion. >> the added vulnerability is zero rates. what zero rates, and a world where they can't get away from zero for the for seeable fu
with the labor market, we have got news from bridgewater's co-cio. he spoke to that report.s his views about what a lower to invest in for longer environment. >> while everybody sort of focus is on the change in payroll, and people focus on the growth rate, the big issue is the press -- depressed level of spending in the economy. longer we are in that situation of a depressed level of income and spending, the more vulnerable individuals and companies are to that set of circumstances. the...
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Aug 10, 2020
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bridgewater is the co. cio there, bob prince, speaking with jonathan ferro.illance continues in the next hour with tom keene in new york and guy johnson in the u.k. don't miss that conversation on commodities with the barrick gold ceo, mark bristow. meanwhile, the markets coming in a little more cautious the last 60 minutes after the announcement from the chinese government in terms of sanctions on 11 american officials, and the other big talking point is going to be around the american stimulus measures, the u.s. esident taking executive action. is that going to be enough? is it going to last long in the for the market to sustain its current leg up? this is bloomberg. ♪ experience the ultimate sports hub. where you can find games, news and highlights. all in one place, right on your tv. the xfinity sports zone. use your voice to search every stat and score. follow the teams you love. and, even get notifications with breaking news alerts and more. with the xfinity sports zone everybody wins. now that's simple, easy, awesome. say xfinity sports zone into your
bridgewater is the co. cio there, bob prince, speaking with jonathan ferro.illance continues in the next hour with tom keene in new york and guy johnson in the u.k. don't miss that conversation on commodities with the barrick gold ceo, mark bristow. meanwhile, the markets coming in a little more cautious the last 60 minutes after the announcement from the chinese government in terms of sanctions on 11 american officials, and the other big talking point is going to be around the american...
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Aug 9, 2020
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shery: bridgewater associates co-cio bob prince.ting is reportedly pressure on the trump administration to let it cell components to huawei. the wall street journal says qualcomm is lobbying to be allowed to sell 5g chips to huawei because foreign markets have access to a market worth eight dollars a year. is set to have preliminary talks about a deal with tiktok, although the outcome is unclear. favorite.is the the white house has given the chinese owned app to find a buyer. the administration has also barred american companies from dealing with its parent, bytedance. industry regulators in new delhi say the airplane that crashed touchdown too far from the airstrip. it may have resulted from the pilot's bad judgment. over more than a hundred were injured in 18 died -- and 18 died. biggestp, the world's oil exporter is pressing ahead with plans to pay $75 billion in dividends despite sliding profits and a surge in debt. we will have more on oil and saudi aramco's earnings, next. this is bloomberg. ♪ hike! simon pagenaud takes the le
shery: bridgewater associates co-cio bob prince.ting is reportedly pressure on the trump administration to let it cell components to huawei. the wall street journal says qualcomm is lobbying to be allowed to sell 5g chips to huawei because foreign markets have access to a market worth eight dollars a year. is set to have preliminary talks about a deal with tiktok, although the outcome is unclear. favorite.is the the white house has given the chinese owned app to find a buyer. the administration...
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Aug 11, 2020
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bob prince, bloomberg spoke to him within the last few hours, from bridgewater associates, and he laments of the bond portfolio not being good enough anymore. that focuses a lot more on the equity side of that. what do you think in terms of a bigger trend in that story? of mike: i think the macro trends in the markets now are just disproportionately driven by the volatility and policies. markets trading on the daily news and ignoring the historic success of the companies and the clearly defined growth the companies have. i think a lot of that just comes from the political and the macro environment that has gotten so accelerated right now, so volatile with the markets opened and closed with covid. governments are getting better at more narrow closings of things. if i was an investor, attest to me is which firms can demonstrate that they can also move quickly. are less affected now with her virtual sales capability than we have ever -- with our virtual sales capabilities than we have ever been since closure. and policyity there creates volatility in the business and that affect some of the
bob prince, bloomberg spoke to him within the last few hours, from bridgewater associates, and he laments of the bond portfolio not being good enough anymore. that focuses a lot more on the equity side of that. what do you think in terms of a bigger trend in that story? of mike: i think the macro trends in the markets now are just disproportionately driven by the volatility and policies. markets trading on the daily news and ignoring the historic success of the companies and the clearly defined...
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mark meredith live in bridgewater new jersey where the president is at and we expect him to speak in the next hour and a half. hey, mark. mark: eric, good afternoon to you. in a few moments myself and the press corp will be getting advanced as president heads over to golf club. the president will be signing the executive orders to help stimulate economic and comes after back and forth all week between congress and the white house about how much money to spend to do just that. the president, he had more of an impromped news conference last night where he previewed what would be happening next and he specifically signaled out his desire a payroll tax cut, there have been a lot of questions, though, about how something like that. >> it'll be retroactive to july 1st. it'll go to the end of the payroll tax. at the end of the year it may be extended. mark: it's possible that democrats will accuse of overstepping authority. >> meet news the middle. god sake, for the sake of america, meet us in the middle. don't way my say or no way. >> meantime the president insist the economy is bouncing b
mark meredith live in bridgewater new jersey where the president is at and we expect him to speak in the next hour and a half. hey, mark. mark: eric, good afternoon to you. in a few moments myself and the press corp will be getting advanced as president heads over to golf club. the president will be signing the executive orders to help stimulate economic and comes after back and forth all week between congress and the white house about how much money to spend to do just that. the president, he...
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what is the adequate replacement to give you that inverse correlation and move away from what bridgewater said, that asymmetric payoffs that treasuries are offering you? michael: it is tough. in a real risk off flight to quality, treasuries will behave like they have in the past. to 30-year at 1.20 will go 50. some expectation for treasuries to provide that balanced credit. 10-yearave a five or hat and don't worry about these , where or weekly moves affectively, if you look at the first half of the year, not a lot of volatility on a semiannual basis. we always think very long-term. credit will give you a higher return on average. you have to be careful and pick your spots, but a combination of ,igh quality, medium quality put them together, and you'll get a much better return than treasuries. risk off, maybe they go down a few percent, but over the long term, they still provide diversification. jonathan: right now it is hard not to look forward to september before 10 years. we have to get to 1.32. here is the final week ahead. joe biden expected to announce a running mate with just 88 day
what is the adequate replacement to give you that inverse correlation and move away from what bridgewater said, that asymmetric payoffs that treasuries are offering you? michael: it is tough. in a real risk off flight to quality, treasuries will behave like they have in the past. to 30-year at 1.20 will go 50. some expectation for treasuries to provide that balanced credit. 10-yearave a five or hat and don't worry about these , where or weekly moves affectively, if you look at the first half of...
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correspondent mark merritt acids and bridgewater, new jersey, just outside of where the president isg. mark? >> good evening, a bit of a friday night surprise. the president did not have this news conference on the schedule earlier
correspondent mark merritt acids and bridgewater, new jersey, just outside of where the president isg. mark? >> good evening, a bit of a friday night surprise. the president did not have this news conference on the schedule earlier
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cnn's kristen holmes joins us now from bridgewater, new jersey. kristen, another day. no surprise, another attack. >> reporter: well, that's right, bianna. and there are really two things going on that both pertain to mail-in voting. first you have president trump slamming the system, discrediting it and saying that it is fraudulent with no actual basis to that claim. on the other side, you have this very legitimate concern from republicans and democrats, lawmakers, state officials, postal workers, who are looking at the changes that are being made by the postmaster general right now and are worried that this is going to impact the election. as you said, we are expecting a record number of people to mail-in vote due to coronavirus. that is millions of ballots and those are going to be processed by using the postal system. so so much concern here that the inspector general of the postal service is actually conducting a review of changes that dejoy has made, after senators wrote a letter that had about six points on it, five of which were all about those changes, what ex
cnn's kristen holmes joins us now from bridgewater, new jersey. kristen, another day. no surprise, another attack. >> reporter: well, that's right, bianna. and there are really two things going on that both pertain to mail-in voting. first you have president trump slamming the system, discrediting it and saying that it is fraudulent with no actual basis to that claim. on the other side, you have this very legitimate concern from republicans and democrats, lawmakers, state officials,...
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if this is not political as you mentioned, bridgewater, new jersey not far from the president's golfct he will probably be sounding up on this topic at some point over the weekend. >> i would imagine. david, thank you. i want to go to the former fbi assistant director. chris, the criticism has come that he was not following in pursuing this aggressively enough. i believe bill barr spoke out i his defense he said he is damag great job and been very aggressive. your thoughts on that? >> he has done everything he ca to write their ship afraid people think he's moving slowly but he's doing his best not to interfere with the investigatio of john durham, which is an ongoing criminal investigation. he's not going to kick the anthill until john durham is done with what he's doing because that takes precedence over any administrative action inside the fbi. >> there is a not-so-subtle prayer the president. i guess, you think he is doing the right balance here? >> he is walking a fine line with the durham investigation and the scope of that investigation, he is walking on the razor right now. t
if this is not political as you mentioned, bridgewater, new jersey not far from the president's golfct he will probably be sounding up on this topic at some point over the weekend. >> i would imagine. david, thank you. i want to go to the former fbi assistant director. chris, the criticism has come that he was not following in pursuing this aggressively enough. i believe bill barr spoke out i his defense he said he is damag great job and been very aggressive. your thoughts on that?...
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david spunt is live in bridgewater, new jersey near where the president is spending time in westminstere will carry live right here on fox, hi, david. david: eric, good afternoon, i can expect president trump will be addressing this controversy surrounding the post office and mail-in voting today. he's been talking about it. you can expect it for a while coming up for the election. eric, the first post master general in 1775, a man named benjamin franklin, that's how long the system has been in place. right now the usps in dire straights, they need $25 billion to continue operate that according to democrats especially the fact that we are seeing increase likely in mail-in voting over the next couple of months. the president, though, said not so fast. he's not willing to just give in and give the money. he wants democrats to meet him half way at the table to discuss some covid relief. he says if democrats come to the tight on the covid relief plans, he will talk to them. now the president wants to suspend the payroll tax, he also wants to give $105 billion to schools. he says democrats d
david spunt is live in bridgewater, new jersey near where the president is spending time in westminstere will carry live right here on fox, hi, david. david: eric, good afternoon, i can expect president trump will be addressing this controversy surrounding the post office and mail-in voting today. he's been talking about it. you can expect it for a while coming up for the election. eric, the first post master general in 1775, a man named benjamin franklin, that's how long the system has been in...
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but we start with mark meredith, following the president in bridgewater, new jersey. hey, mark. >> reporter: arthel, good afternoon. president trump says with congress dead locked he had no other choice but to go it alone to try to stimulate the economy. there is a lot of talk about how helpful the measures may end up being. what the president's doing, it deals with student loans, basically allowing people to not have to pay them temporarily right now. he's designating the housing department to make sure they can work to prevent foreclosures and evictions. it will temporarily stop the payroll tax collection for some workers. it's based on how much money you make, roughly if you make under $100,000, your payroll tax would be temporarily stopped being collected for now. you mayo it next we're -- may owe it next year. it would allow for an extra $400 in unemployment insurance but the states would have to contribute $100. the white house is directing money from the fema disaster relief fund to pay for the unemployment insurance. the administration says it continues to thi
but we start with mark meredith, following the president in bridgewater, new jersey. hey, mark. >> reporter: arthel, good afternoon. president trump says with congress dead locked he had no other choice but to go it alone to try to stimulate the economy. there is a lot of talk about how helpful the measures may end up being. what the president's doing, it deals with student loans, basically allowing people to not have to pay them temporarily right now. he's designating the housing...
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we have fox team coverage on this david spunt following the president in bridgewater, new jersey but we begin with mark meredith reporting live from washington. mark. mark: arthel, good afternoon, democrats are accusing the trump administration of trying to sabotage the post office ahead of the general election and democrats are placing the blame squarely on the newly installed post master general and as you mentioned they want him to testify before congress later on this month. now, louis dejoy was sworn in as new post master general back in june. before that well-known businessman and also a very generous republican donor and also contributing to president trump's campaign. since taking over dejoy has made a number of changes at the post office including cutting back on employee overtime and also calling for operations to be overhauled holding some deliveries a bit longer in an effort to save money but the changes have sparked controversy on saturday, a group of demonstrators showed up outside of dejoy's dc home to protest and now the post office inspector general is looking into d
we have fox team coverage on this david spunt following the president in bridgewater, new jersey but we begin with mark meredith reporting live from washington. mark. mark: arthel, good afternoon, democrats are accusing the trump administration of trying to sabotage the post office ahead of the general election and democrats are placing the blame squarely on the newly installed post master general and as you mentioned they want him to testify before congress later on this month. now, louis...
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correspondence b-17 starts us off from bridgewater, new jersey. >> good evening.
correspondence b-17 starts us off from bridgewater, new jersey. >> good evening.
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executive actions sparking reaction of lawmakers from both sides of the aisle and mark meredith live in bridgewater new jersey with the specifics on that executive action, hi, mark. mark: hi, alicia, good afternoon to you, i also want to mention that president trump had a chance to speak earlier today with world leaders regarding what's going on in lebanon and he also called for calm as well as the investigation into what happened earlier this week. as you also mentioned, big news when it came to the economy as the president signed executive orders and directives yesterday because he said he could not get a deal with congress on a comprehensive economic package. the president had a chance to sign this different, you know, directive at his golf club yesterday afternoon. while it's a bit complicated we can break it down, boil it down to what it'll do in the short-term essentially allowing people to not pay back student loans for right now. it also designates housing department to prevent foreclosures and evictions and this would al temporarily stop the collection of the payroll tax depending on how m
executive actions sparking reaction of lawmakers from both sides of the aisle and mark meredith live in bridgewater new jersey with the specifics on that executive action, hi, mark. mark: hi, alicia, good afternoon to you, i also want to mention that president trump had a chance to speak earlier today with world leaders regarding what's going on in lebanon and he also called for calm as well as the investigation into what happened earlier this week. as you also mentioned, big news when it came...
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let's first go to cnn's kristen holmes in bridgewater, new jersey where president trump is spending his weekend. the president is saying he will step in with an executive action if no deal is done. what will that even look like, and is it possible? >> reporter: all good questions, bianna. last night he laid it out, as though it would be a series of executive actions that would touch on various things. one would be extending the unemployment benefit. another would be offering those eviction protections that had lapsed. he talked about student debt loan and deferring the payroll tax and doing some sort of backtracking, going back through july up until december. again, great question on whether or not he can do this. i spent the morning talking to liam experts and lawmakers who say there are some work-arounds that could make this work. remember this, congress is the one who controls the budget. so at the end of the day, that stands. that is the way our system is built. however, there are some loopholes that would allow president trump to possibly do this temporarily for a short amount of t
let's first go to cnn's kristen holmes in bridgewater, new jersey where president trump is spending his weekend. the president is saying he will step in with an executive action if no deal is done. what will that even look like, and is it possible? >> reporter: all good questions, bianna. last night he laid it out, as though it would be a series of executive actions that would touch on various things. one would be extending the unemployment benefit. another would be offering those...
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chris: mark meredith reporting from bridgewater new jersey, thank you.oining us a speaker of the house, nancy pelosi. madam speaker welcome back to "fox news sunday". nancy: my pleasure to be with you, good morning chris. chris: president trump says well you and congressional democrats were pushing your agenda, he acted yesterday to help people in need. take a look. >> mean people lucy and chuck schumer has held this hostage on behalf a very extreme partisan demands in the radical left democrats and we cannot do that. chris: however, it came about and i know you don't like the executive action, won't millions of americans get some extended federal unemployment relief and some protection from evictions, get that now rather than nothing at all? nancy: what the president did, i agree, it was unconsciou consti, while having illusion of satan were going to have a moratorium on evictions, i will ask the folks in charge to study and he says he's going to do the payroll tax and what he's doing is undermining social security and medicare. these are illusions and
chris: mark meredith reporting from bridgewater new jersey, thank you.oining us a speaker of the house, nancy pelosi. madam speaker welcome back to "fox news sunday". nancy: my pleasure to be with you, good morning chris. chris: president trump says well you and congressional democrats were pushing your agenda, he acted yesterday to help people in need. take a look. >> mean people lucy and chuck schumer has held this hostage on behalf a very extreme partisan demands in the...
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here's what he said yesterday in bridgewater, new jersey. listen. >> they want to ban voter id.hey want measures designed to increase voter fraud which is banning voter id and banning requirements for signature verification in federal elections. they want to try and steal this election. frankingly, it's the only way with they can win the election. jon: criticizing democrats there, obviously. why not? you have to have id to board an airplane in this country. why not have ud -- id to go vote? >> that's a great question and we should. here's the thing, what democrats are doing is literally suing in ten states to try and make it legal to vote after election day. that's a serious problem and typically what democrats often accuse republicans of, they themselves are guilty of actually doing can. this is a great example. they talked about the president moving the election date, but it's actually democrats who are doing that this so many states. nevada is a great example. they are going the mail out ballots to the 2 million people who live in nevada whether they asked for them or not, an
here's what he said yesterday in bridgewater, new jersey. listen. >> they want to ban voter id.hey want measures designed to increase voter fraud which is banning voter id and banning requirements for signature verification in federal elections. they want to try and steal this election. frankingly, it's the only way with they can win the election. jon: criticizing democrats there, obviously. why not? you have to have id to board an airplane in this country. why not have ud -- id to go...
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kristen holmes, cnn, bridgewater, new jersey. >>> brazil's health ministry reports that more than 100,000 brazilians have now died from coronavirus and over 3 million have been infected. it took the country less than %-ps was trending, brazilians on saturday took to the streets and social media in solidarity with the victims and their families and to criticize the government's failure to contain the pandemic. matt rivers has more on brazil's double milestone. >> reporter: we know the outbreak in brazil is one of the worst in the world and the data that we get just continues to back that up. horrible new milestone has been reached in brazil, with the country's death toll now surpassing 100,000 for the first time. the overall number of cases in that country is also now topping 3 million for the first time. this after some new information on saturday from the country's health ministry recorded nearly 50,000 newly confirmed cases and just over 900 newly confirmed deaths. meanwhile, we did hear from president jair bolsonaro, who from the get-go has basically been flippant about the fact that t
kristen holmes, cnn, bridgewater, new jersey. >>> brazil's health ministry reports that more than 100,000 brazilians have now died from coronavirus and over 3 million have been infected. it took the country less than %-ps was trending, brazilians on saturday took to the streets and social media in solidarity with the victims and their families and to criticize the government's failure to contain the pandemic. matt rivers has more on brazil's double milestone. >> reporter: we know...
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kristen holmes, cnn, bridgewater, new jersey. >> democratic presidential candidate, joe biden, also, responding to mr. trump's executive actions. in a statement, released on saturday, biden called the orders half-baked measures. he went on to say the actions are not real solutions, but a cynical employ to deflect responsibility. biden said a real leader would work with congress to deliver relief to americans. >>> call it pandemic fatigue, or simply not caring. but, in some places where coronavirus is raging, massive groups of people are getting too close for comfort. here is a look at some of them. >> crowded streets. packed bars. it's the weekend in rio de janeiro and people are partying like there is no pandemic. there are few masks, no social distancing, even though the country's death toll from the coronavirus is around 100,000. i know that i am not doing the best thing in being here, one student says. but at least i'm using a face mask. those people are drinking, having a good time. they don't know where their cup came from. but rio isn't the only place where people are out and
kristen holmes, cnn, bridgewater, new jersey. >> democratic presidential candidate, joe biden, also, responding to mr. trump's executive actions. in a statement, released on saturday, biden called the orders half-baked measures. he went on to say the actions are not real solutions, but a cynical employ to deflect responsibility. biden said a real leader would work with congress to deliver relief to americans. >>> call it pandemic fatigue, or simply not caring. but, in some places...
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kristen hole ma kristen holmes joins us from bridgewater, new jersey. he's claimed that dogs have ballots and that it is rife with fraud. bring us the facts. >> reporter: ana, there is no evidence that shows that there is any sort of widespread fraud with mail-in voting. has there ever been fraud with mail-in voting? yes, but the cases are exceedingly rare. and we have to be focused on this as we move forward because president trump keeps saying this is going to shift the entire election and there is no evidence of that. i want to point to what's going on in pennsylvania, because it is exceedingly relevant. the trump campaign has sued a number of states for allowing mail-in voting. pennsylvania is one of them. pennsylvania is going to be an incredibly close race. we know that biden is up by a pretty substantial margin, we know that president trump's campaign believes that they can still win that state. so every vote counts. that's one of the states they brought forward this lawsuit against mail-in voting. now, a judge late last week said that the trump
kristen hole ma kristen holmes joins us from bridgewater, new jersey. he's claimed that dogs have ballots and that it is rife with fraud. bring us the facts. >> reporter: ana, there is no evidence that shows that there is any sort of widespread fraud with mail-in voting. has there ever been fraud with mail-in voting? yes, but the cases are exceedingly rare. and we have to be focused on this as we move forward because president trump keeps saying this is going to shift the entire election...
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kristin holmes, cnn, traveling with the president in bridgewater, new jersey. >> now robert trump was executive vice president of the trump administration. it included overseeing the atlanta city casinos. >> born in 1948 and one of four siblings to the president. and in this flamboyant family he led a mostly quiet life. this year he married ann mari ballan. >> you supported his brother's presidential run and hosted fundraisers for donald trump and other republicans. >> in june he filed a temporary restraining order to block the publication of an unflattering book by mary trump, fred trump jr.'s daughter. in a statement to "the new york times" robert trump said he was deeply disappointed in the decision to publish the book which included details about the family's upbringing. >> it was known that trump was sick and hospitalized a couple of times in the last three months. he was 71 years old. two of the children reacted to the death of their uncle, ivanka wrote this, uncle robert, we love you, you are in our hearts and prayers always. >> eric wrote robert trump was an incredible man, st
kristin holmes, cnn, traveling with the president in bridgewater, new jersey. >> now robert trump was executive vice president of the trump administration. it included overseeing the atlanta city casinos. >> born in 1948 and one of four siblings to the president. and in this flamboyant family he led a mostly quiet life. this year he married ann mari ballan. >> you supported his brother's presidential run and hosted fundraisers for donald trump and other republicans. >>...
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he is a mutual friend, dave mccormick, the ceo of bridgewater associates. he also has a distinguished career as undersecretary secretary of the treasury and undersecretary of commerce. dave and i worked together in the george w. bush administration in those roles. dave is also a graduate of west point. nothing euro secretary esper, but they were at west point at the same point. dave, i will turn this over to you. >> thank you, nick. secretary esper, thank you for joining us today. it is great to see you. nick forgot to mention you were born and grew up in western pennsylvania before going to west point where you and i were both born. i know that you have carried that with you throughout your great career. be --ght we were going to i dressed appropriately. i am sorry i am not lined up with you, but we are glad to have you here. i know you prepared remarks that you wanted to start with. why do i not turn to you and once you have gone through those we can have a conversation? >> sure. thank you, dave and thank you for your kind words. nick, good to see you aga
he is a mutual friend, dave mccormick, the ceo of bridgewater associates. he also has a distinguished career as undersecretary secretary of the treasury and undersecretary of commerce. dave and i worked together in the george w. bush administration in those roles. dave is also a graduate of west point. nothing euro secretary esper, but they were at west point at the same point. dave, i will turn this over to you. >> thank you, nick. secretary esper, thank you for joining us today. it is...
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several states could now see delays and mail-in ballots, david spunt following the president and bridgewater new jersey. >> expect to hear a lot about the united states postal service in the coming weeks and months leading up to the election, millions of americans are expected to vote by mail this year because of the pandemic, that's why it's significant news, fox news has confirmed democrats calling on the inspector general of the post office and the inspector general has agreed to investigate that has been around for more than 250 years, tammy sent a letter last week by democrats to investigate what democrats are calling irregularities over allegations that collection boxes have been removed, machines are no longer working and employees are seen overtime cuts, democratic: voter suppression, they want $25 billion for the usps, white house chief of staff mark meadows says a sorted machine will not be taken off-line before the election telling people to relax, postmaster general promised to do the best job he can do for the organization but is under constant criticism, he is a trump donor wit
several states could now see delays and mail-in ballots, david spunt following the president and bridgewater new jersey. >> expect to hear a lot about the united states postal service in the coming weeks and months leading up to the election, millions of americans are expected to vote by mail this year because of the pandemic, that's why it's significant news, fox news has confirmed democrats calling on the inspector general of the post office and the inspector general has agreed to...
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kristen holmes, cnn, traveling with the president in bridgewater, new jersey. >>> ivanka and eric trump reacted to the death of their uncle in posts on twitter. shortly after the announcement, ivanka trump tweeted, uncle robert, we love you, you are in our hearts and prayers always. and eric trump wrote, robert trump was an incredible man, strong, kind and loyal to the core, anyone who uncountered him felt his warmth immediately. he will be deeply missed by our entire family. >>> now to the battle against the coronavirus. and evidence the world is still losing ground. world health organization has received reports of a record number of new cases in a 24-hour period, more than 294,000. and you're looking here at figures in the united states. figures that are just as grim. more than 1,000 deaths have been report for the fourth straight day, that brings the u.s. death toll to as you can see, 169,483. here in the hard hit state of georgia, the governor is now reversing course after a spat with atlanta's mayor and it is letting cities impose mask mandates with some restrictions. his executiv
kristen holmes, cnn, traveling with the president in bridgewater, new jersey. >>> ivanka and eric trump reacted to the death of their uncle in posts on twitter. shortly after the announcement, ivanka trump tweeted, uncle robert, we love you, you are in our hearts and prayers always. and eric trump wrote, robert trump was an incredible man, strong, kind and loyal to the core, anyone who uncountered him felt his warmth immediately. he will be deeply missed by our entire family....