harold hamm put a stick in the ground and oil flies out. guess he's rich. >> you find oil and north dakota. thank you, harold. north dakota is an inspiring example of the amazing things that are possible when we unleash the genius of american the red tapenite -- and i tell you, we have to unite everything, and all that red tape becomes beautiful when you get rid of it. are we getting rid of a lot of red tape, by the way? and we a lot of the extraordinary potential of our great american workers. north dakota chose to embrace american industry and the american worker, even when many in washington wanted to tax and regulate your industries totally out of existence. and you do that. you have see what has happened in the last number of eight months. you have seen what has happened, big difference. today, families have new jobs and you hope because of the vast energy wealth that you brought to life right here. you understand the vital truth. washington has no right to shut down energy production because of america's energy wealth doesn't belong to

from ahead, we will hear harold hamm in an exclusive interview.ys the governor is getting its shale forecast all wrong. this is bloomberg. ♪ from bloomberg world headquarters in midtown manhattan, this is bloomberg markets. i'm scarlet fu. commodity markets closing in new york, select highlight some of today's notable movers. gold falling back below $1300 $1293 andw at change. moving on to gas, that gas moving the most in two months, awful most by 5%. inventories falling over the past week, expanding the supply got that is out there. on to oil, wti bouncing around today. it has been up, down, and is down now by 2/10 of 1% as opec is monitoring a technical committee meeting in vienna. the climaxes tomorrow, and so far attendees have sent mixed signals about whether production cuts will be extended. when it comes to open its response, this chart illustrates a key dynamic at work here. -- opec's response, this chart illustrates a key dynamic here. you can see the steep drop off at the end of 2016, when opec agreed to reduce production. the blue line

a great, great american success story, harold hamm. where is harold? come here, harold. thousands and thousands of jobs. you know, barry switzer was in my office. harold was a little bit late. barry was a great guy. he won a super bowl and a college number 1, right? we talked about harold, who is a great friend of his. said you know that guy, mr. trump -- that was before i was president -- he said that guy, his companies spend billions and looking for oil and don't find anything. harold hamm puts a straw in the ground and oil flies out. that's why his rich, i guess. anyway, harold, thank you very much. want to say something? go ahead. >> you'll find oil in north dakota. >> thank you, harold. [applause] north dakota is an inspiring example of the amazing things that are possible when we unleash the genius of american innovators. we have to unite everything. are we getting rid of a lot of red tape, by the way? [applause] and we unlock the extraordinary potential of our great american workers. north dakota chose to embrace american industry and the american worker even when

harold hamm, continental resources founder, chairman and ceo. the show, harold >> good to be with you thank you. >> so, we know you're a big fan of president trump's economic policy agenda. but 4% economic growth, no economist is talking about that, even strong supply siders. what are you seeing they're not? >> obviously, you know, what -- a trump rally when he was first elected and it's become much more than that we've seen the market react. we've seen business react. all across the spectrum. so, absolutely, you know, we saw 3% we can see 4%. we need some policies instituted and that's going to be up to congress to do that. so this tax policy, a lot of good opportunity here for both sides of the aisle and i think they've come together and get this done we'll see 4% gdp it's a good move. >> just to be clear, the 3% was a quarterly gdp number the trick is getting it to be sustainable for the entire area. president trump meeting with democrats, talking deals and now there's a report trump says the rich might pay more in taxes if he does bring demo

coming up in an exclusive interview today, we have harold hamm.o surprise, he is bullish on oil prices but has an interesting reason why. you have to listen. this is bloomberg. ♪ david: this is bloomberg. i'm david westin. tech stocks have been on a tear this year with the likes of netflix, amazon, and google of 150%. but there is a growing force of lawmakers in europe calling for increased regulation on the mega-internet companies are doing business, everything from how they are taxed to political advertising to being responsible on terrorist content posted their site. just this week, chancellor angela merkel, president a cron, and prime minister say -- one -- gentiloni still with us are sean darby of jefferies and julia coronado of macro policy perspectives. sean, as an equity strategist, what point do you need to take into account government regulation when you have a sector like tech? sean: they have a business model which allows infinite returns to scale, which again, in economic terms, is very rare. the issue is not necessarily that the u.s.

harold hamm puts a straw in the ground and oil flies out. that is why he is rich, i guess? u very much. do you want to say something? go ahead. [applause] dakota is annorth inspiring example of the amazing things possible when we unleash the genius of american , unite the red tape, and we have to unite everything, and all that red tape becomes beautiful when you get rid of it. are we getting rid of a lot of red tape? [applause] pres. trump: and we unlock the extraordinary potential of our great american workers. north america chose to embrace north american industry and the north american worker when washington wanted to tax and regulate your industries totally out of existence, and you knew that. you have seen what is happened over the last number of eight months, big difference. today, families have new jobs and new hope is the vast energy wealth that you brought to life right here. that washington has no right to shut down energy production because america's energy wealth does not belong to the government. it belongs to the people. [applause] it belongs to hard-working pa

he said i should do this absolutely you have to do it a great, great american story, harold hamm. rry switzer was much in my office haired was a bit laid and barry was talking to me. barry is a great guy, great football coach, i think he won a super bowl and college number one, right hard said, you know that guy, mr. trump, that was before i was president, he said that guy, he his company spent billion, and harold hamm, he puts a straw on the ground and oil flies out that's why he's rich, i guess. anyway, harold, thank you very much want to say something? >> you find oil in north dakota in the bakken. yeah. >> thank you, harold north dakota is an inspiring example of the amazing things that are possible when we unleash the genius of american innovators unite the red tape and all of that becomes beautiful when you get rid of it. are we getting rid of a lot of red tape, by the way we unlock the extraordinary potential of our great salesmen workers. north dakota chose to embrace american industry and even when many wanted to tax and regulate your industries totally out of existence. y

i willup on thursday, sit down with an exclusive interview with harold hamm.get into his new bullish call about oil. this is bloomberg. ♪ david: this is "bloomberg daybreak." tomorrow, we'll get the central bank's latest position and investors expect that will unwind the balance sheet. still with us is drew matus of metlife investment. one of our colleagues early this morning on radio said it is a rare fed meeting, it will matter what they say and do. start with what they will likely do on the balance sheet. drew matus: we are expecting they will reduce the size of the balance sheet. we will announce the program today and will begin october 1. that means that they will reach their maximum amount of drawdown at the end of next year because of the step process. probably good for everyone and we need to see the balance sheet come down and see the normalization. it is not without risk. david: we have never really seen it happen before because of not seen this level balance sheet before. what are the risks potentially? drew matus: we can look at the taper tantrum,

andy barr is with us, david seciliny is here and karl rove and harold hamm is joining us as well.eather nauert. we have a big program ahead and we kick it off right now with top story, president trump addressed united nations pushing american first agenda, how do americans react to the speech? joining us pollster and the president of maslansky + partners lee carter, lee, good to see you. >> good to be here. maria: we want to watch what he said about military action and then get your take on the dials that you did asking people what they thought. watch this. >> the united states has great strength and patience but if it is forced to defend itself or allies, we will have no choice but to totally destroy north korea. rocket man is on a suicide mission for himself and for his regime. maria: what do you think, what did we see? >> republicans and independents responded well while democrats did not specifically when you started to get tough on north korea and even further you saw the dive when he called him rocket man. now, you know, there's a couple of ways of looking at this, the rocke