this is a guy, michael bloomberg, that's as you drop a seat and that means you can farm.ou put him on a tractor, he would crash into the wall, he doesn't know anything about the practical lives of millions of americans. it's pathetic. it really is. >> laura: that clip from paulson and much of what i saw coming out of that conference was absolutely -- it was infuriating and disgusting and disheartening, but i think you are right, they have zero credibility, but what they have now is there man, it looks like, going to the white house, must something wild happens with one of these court cases, and we are just going to have to -- speaking of the resistance -- just going to have to resist. victor, thank you so much. on the left isn't pushing global policies to benefit massive corporations, they are to strengthen small with covid restrictions, as california governor gavin newsom is preparing to do. but he's even considering statewide curfews now. pay close attention to whom he's taking his cues from on this issue. >> we also are considering, full disclosure, a little bit of a p

up next michael bloomberg, george soros, they are involved in the georgia senate runoff, we will taket up with tom fitton, stay with us about all the big money flowing into the state of georgia over to senatorial runoff elections. this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa reached out before he could even inspect the damage. that's how you do it right. usaa insurance is made just the way martin's family needs it with hassle-free claims, he got paid before his neighbor even got started. because doing right by our members, that's what's right. usaa. what you're made of, we're made for. ♪ usaa ♪ ♪ lou: george so process and lou: george sorrows and michael bloomberg pouring big money, they don't know any other kind of money, big money into the georgia senate runoff races, the black pack which is worki

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in advertising, hitting donald trump on healthcare and his record during the pandemic, from michael bloomberg'sdence usa... >> if trump gets his way, over 40 million floridians with pnsre-existing conditike cancer and diabetes could lose their healthcare. >> reporter: ...to f forward, a new super pac backed by a group of silicon valley billionaires, including facebook co-founder dustimoskovitz and former google c.e.o. eric schmidt. >>id joe has a plan. >> he actually has a plan. >> reporter: the two pacs have poured an astonishing $90 million so far into tv ad spots since april. >> this susan collins voted to make middle class families pay more. >> reporter: and it's notust the presidential race, this is happening in down ballot races as well. nearly half of the s in the maine senate race have been funded by outside groups, like this one against republican >> outside groups and parties tend to play that role of attack dog. citizens generally don't like negative advertising, and if i as a candidate go negative against my opponent, that ad mightg be effective in red the favorability of my opponen

the johns hopkins bloomberg school of public health is supported by michael bloomberg, the founder of lp and bloomberg philanthropy. the trump administration kicked off its relationship with silicon valley with an awkward photo-op at the white house, including the president and the most prominent tech leaders. a true bridge between tech and washington was never quite built. a biden administration does not necessarily mean less scrutiny over big tech. joining us to discuss, rebecca kern, who covers the intersection of policy and technology. you have a great piece talking about what a biden administration would mean for big tex. under trump, they faced antitrust scrutiny, a lot of angry tweets. under joe biden, it will not necessarily be smooth sailing, is it? rebecca: not necessarily. we saw a big report out from representative david sees elite , antitrustcilline report going after big tech companies, apple, google, facebook. they are recommending some legislative reforms, likely to come out later this year and then early next year. cicilline has been quoted, saying he thinks biden wil

the bloomberg school of public health is supported by michael bloomberg, the founder of bloomberg companiesmberg philanthropy's. , on the path to the vaccine economy reopening, we speak to the ceo of jll, christian ulbrich. this is bloomberg. ♪ vonnie: shares of the largest player in commercial real estate, jll, higher today on news of a positive vaccine sending companies tied to an economic reopening surging. joining us to discuss the future of the space is jll ceo christian ulbrich. about 5.1 billion square feet worldwide. how wee your thoughts on 2021?roceed through will cities see people coming back into the commercial real estate that you manage and operate? christian: absolutely, vonnie. when you look at what's happening in asia, many cities --china vonnie: i believe we are not hearing christian ulbrich. we are going to try and get him back and speak to him in a moment. that is the jll ceo christian ulbrich coming to us from frankfurt. let's take a look at the markets. dow s&p 500 just tagging the slightly. the nasdaq is up .2%. a positive session for stocks, as when we got the news f

the johns hopkins bloomberg school of public health is of course supported by michael bloomberg, founderf bloomberg lp and bloomberg philanthropy. be sure to tune into our interview with montana's cochairmen and cofounder coming up at 5:00 p.m. -- moderna andochairman cofounder coming up at five rpm -- coming up at 5:00 p.m. this is bloomberg. ♪ kailey: this is "bloomberg markets." i'm kailey leinz. just a month after a disastrous march meeting that ended without a conclusion and precipitated a price war, we have yet another opec gathering that finishes without a resolution. the pages could all be picked up again tomorrow, but some ominous signs of the long-term health of the cartel. joining us now is ellen, a senior fellow at the atlantic council of global energy center. perfect person to talk to today. where do you put the odds of us getting a deal come tomorrow? >> i do think they are closer to a deal. what we are talking about in terms of a deal is moving to extend what they are doing right now. so right now, opec is actually scheduled to increase production by 2 million barrels per

like former new york city mayor michael bloomberg who built a multibillion dollar media empire and nowusing his considerable wealth for democratic candidates spending on state and local races, sums that republican opponents can't hope to match. and donald trump, two like to pretend he has the type of wealth bloomberg wields is quickly running out of money in the crucial final days of the election. as the trump campaign is forced to tighten the built, bloomberg is personally putting millions in ads in swing states like ohio and even spending big in texas and the crucial swing state of florida, bloomberg committed to spending $100 million to defeating trump. bloomberg's financial might trapped the republican party between a rock and a hard place, either watching helplessly as they are outspent in key areas or finally admit that campaign finance reform is starting to look pretty good after all. either way, i gotcha. i gotcha president trump is speaking ahead of a rally in north carolina. let's listen in. >> ballots in the same day. they could have put the ballots in a month ago. i think i

and also in terms of spending money, michael bloomberg, hundreds of millions of dollars on his own campaignink on the republican side fear when it came out that he was going to spend $100 million on ads in florida as if it meant nothing, because he lost florida. and i think for him, it's like flick a little dust off your knee and $100 million is not a problem for him, but emotionally it has to be a little bit of a drain. >> greg: we were talking about the house democrats, but also the house republicans thought that the democrats might pick up 8-15 seats. and they didn't, what happened? >> jesse: strong performance by house democrats and the legislators, state republicans did not lose one legislator. so that's good for redistributing. and it looks like the senate stays red from i think most people's understanding. but i care more about the big kahuna, the white house. i think that everybody cares about that race. i will cede my time to dana perino who loves talking about house and senate races. >> juan: let's get to the money, dana, because the democrats made it personal going after mitch mc

. ♪ ♪ lou: george so process and michael -- soros and michael bloomberg pouring big money, they don'ther kind of money, big money into the georgia senate runoff races. the black pacs has received $1.5 million from the soros-funded democracy pac and more than $6 million from bloomberg. the black pac has raised almost $24 million this year. and they mean for that money to work. joining us now from washington, tom fitton, the president of judicial watch. and, tom, great to have you with us. it's not often you hear of two senatorial races in the same state, two runoff senatorial elections in the same state, and this much money pouring into that one state. your thoughts about the external money that is from all quarters pouring into that state. not just soros and bloomberg. >> yeah. and the republicans will be spending a lot of money, not nearly as much as the left is aiming to spend. i think one of the big storieses of this election is how ineffectual the big left money has been in determining election outcomes. they've failed in their efforts to overtake state legislatures, they've barel

we saw michael bloomberg $130 million tried to flip the texas and florida legislature to democrats ande their public and margin in both of those states. you've got to have enough money to get your message out but at some point hundreds of millions of dollars going into georgia people will start tuning it out and they will talk to their friends and neighbors were than listening to chuck schumer. >> you mentioned a couple of things. good news for the gop. i see farmer congressman darryl isaias headed back and having been declared the winner in and has raised a number of state legislatures were held increased her flip to republicans. you have new >> to work with in the coming years. we'll see you back there in washington. >> we are excited about darryl and those other republicans, great republicans class of freshmen very diverse group for 2021. >> we certainly defy the expectations there. thank you sir. >> tank shannon. appreciate it. >> team trump believes it does have a path to victory in arizona and beyond regular today they filed a new lawsuit in maricopa county or a sauna. we'll take

we will never have as much money as the democrats between michael bloomberg, labor unions, silicon valley's billionaires, we can ever match it but a heck of a job of getting sufficient funds to help their candidates. third, he kept on message and focused on the swing voters in this election so that he could win back the seats. not only win back the ones we lost, but knock some democrats out expected to have easy reelection victories. i remember the final week or two, the arguments the republicans to lose 15 seats, 18 seats, 19 seats or go as high as 20. instead, the republicans gained seats and cut the margin for nancy pelosi to a thin edge. >> trey: it is razor-thin. let's move from california to georgia. how close are those races? >> they will be awfully close. full disclosure. i'm the chairman of national senatorial committee joint fund-raising with kelly loeffler and the battleground. and so i thought an invested interest in this. i want to see both candidates win. it will be a very close race. the democrats will outspend us. there's not been a single u.s. senate race this year competit

. >> so, paul, this is a miss to michael bloomberg and other democratic billionaires who managed to flushtoilet in failedded efforts to win florida or texas or ohio or to win senate races in kentucky, south carolina and now alaska. you know, we talk a lot about how political money is a form of free speech. this is true. but here's the lesson of this race, no amount of money can buy you an election. and if you are going to spend -- as with anything -- you better make sure you spend wisely. paul: all right, jason. >> paul, when most of us heard about progress on a covid vaccine, we thought it was good news, excellent news, great news. but apparently, democratic governor andrew cuomo of new york had a different take. he said it wasn't all good news because the vaccine would be distributed by donald trump, and he thought that should wait until joe biden takes office. so here cuomo decides in the middle of a pandemic with cases going up to undermine confidence in the vaccine which i think is pretty despicable. so big miss for andrew cuomo. paul: all right. dan. >> well, yes, our viewers know t

but a number of months ago, a democratic firm called hawk fish, this is a michael bloomberg funded firm came up with a model, they called it the red mirage, you're calling it the red shift, which could model a really big lead for president trump on election night, and could shift more towards joe biden, and they say ultimately deliver biden the victory in the days after. they have new updated modeling that we're reporting first this morning that still shows an ultimate biden victory as they model it but shows that mirage or that appearance of what it could look like tonight, actually much tighter for president trump. they still say, they still warn that if it looks like he's leading tonight, it doesn't mean anything, but the margin by which they think it might look that way is much tighter than just in august, and the reasons why are quite interesting. one reason is that many states did scramble in the last couple of months to try to figure out can they actually process ballots faster, what mechanisms do they have under state law and local election regulations to do that, and another re

. >>> former new york city mayor and billionaire michael bloomberg spending millions to help team bidenaid off? we turn to charlie gasparino who is about to explain why at least in one state, bloomberg's bucks may have gone bust. what's going on? charlie: well, i think it's $100 million in florida, correct? that's what he spent. and listen, this is a little bit of nashgnashing of the teeth be the final results come in. democrats are really scared about losing florida. they thought they had it won. there's polling now that shows that trump is catching up or could win the state. so what the conversation is now turning to inside the biden camp is why did mike bloomberg's $100 million, why didn't it work. did he direct the ad money right. did he do something wrong with it. you know, there's a lot of gnashing of the teeth, whether mike bloomberg essentially did all he could do in florida to turn this into a blue state. you know, it's one thing to spend money and another to spend it wisely. that will be the story tomorrow if, i think, if florida goes to trump, particularly if the election goe

katerinamberg's sarabia -- bloomberg's catarina saraiva, michael mckee, thank you. l speak about how black friday and cyber monday are shaping up to retailers during the pandemic. this is bloomberg. ♪ ritika: this is "bloomberg markets." coming up in the next hour, stephane bancel, ceo of moderna. this is bloomberg. ♪ guy: the u.s. holiday shopping season is firmly shaping up to be a bit different this year. the pandemic is pushing more shoppers to remain at home and shop online. black friday traffic fell 56% versus last year. online sales rising nearly 22%. gall,g us is kristen rakuten president. talk me through what we learned this thanksgiving and how different it was. has been the most interesting holiday shopping season we've ever seen on our platform, for sure. there are a few things happening that are factors this year. the first is a lot of retailers are pushing shoppers to shop early. they push shoppers to shop in november, and started their deals significantly earlier. eysenck what they want and what they wanted was to move up the holiday shopping season, b

charles: occasional 100 million-dollar check from michael bloomberg. >> or sheldon adelson.all money in the high-priced zip codes doing more than 30 bucks. brad, kevin. folks, stocks are soaring as battleground states continue to hash it out. we're getting analysis from one of our favorite stock market watchers, gary kaltbaum next. alveda king will learn how we can live together as brothers and sisters or perish together as fools i'm greg, i'm 68 years old. i do motivational speaking in addition to the substitute teaching. i honestly feel that that's my calling-- to give back to younger people. i think most adults will start realizing that they don't recall things as quickly as they used to or they don't remember things as vividly as they once did. i've been taking prevagen for about three years now. people say to me periodically, "man, you've got a memory like an elephant." it's really, really helped me tremendously. prevagen. healthier brain. better life. we try to soothe it with this. cool it with this. and relieve it with this. but new preparation h soothing relief is th

we saw michael bloomberg $130 million tried to flip the texas and florida legislature to democrats ande their public and margin in both of those states. you've got to have enough money to get your message out but at some point hundreds of millions of dollars going into georgia people will start tuning it out and they will talk to their friends and neighbors were than listening to chuck schumer. >> you mentioned a couple of things. good news for the gop. i see farmer congressman darryl isaias headed back and having been declared the winner in and has raised a number of state legislatures were held increased her flip to republicans. you have new >> to work with in the coming years. we'll see you back there in washington. >> we are excited about darryl and those other republicans, great republicans class of freshmen very diverse group for 2021. >> we certainly defy the expectations there. thank you sir. >> tank shannon. appreciate it. >> team trump believes it does have a path to victory in arizona and beyond regular today they filed a new lawsuit in maricopa county or a sauna. we'll take

major donors for -- they include soros funded democratic pacs which gave money from bloomberg, michael bloomberg, 80% of the donations toes solve -- to ossoff and warnock are from out-of-state donors. what's the impact on the race? >> i'm proud that david purdue and i are raising funds in the state. there is a loot of dark, liberal money flooding our state. they think they can buy georgia and change america into a radical socialist country. we're not going to let that happen. we have stood strong and said that we are going to keep georgia. and that's why it's so important that everyone turns out to vote to defend our country, the future of our country. and that's what president trump is going t to help georgians dos get out and vote because they know that everything's on the line right now. maria: well, there are reports that blackhe lives matter raised $500,000 for ossoff and warnock. tell me about that. and you've said that your opponent is more radical than he is letting on. >> well, my opponent, raphael warnock, ist, running ads with puppies in them to distract from his radical views. well c

of these states that were supposed to turn blue like florida, ohio, texas, three states were michael bloomberg himself alone spent $100 million to turn the state blue and they are still bright red. in fact the democrats picked up no new seats in texas in congress. for example. and i think he was talking about based on the projections, and you saw "the new york times" famous needle start the day out with the president having a 9% chance overall of being reelected president, 25, 30% and state-by-state it was looking better for the president, including places like georgia, yet to be called, pennsylvania, yet to be called so he was basing it on that. >> bret: you've got cases, state cases pending in georgia, nevada, pennsylvania. now a federal case today in pennsylvania as well. we heard from ric grenell in nevada. take a listen to this and then the club county registrar response. >> with asked clark county for answers, they have no answers. they continue to count illegal votes. that is unacceptable and it's giving legal people a sense that the system is corrupt. >> my responses that we are not aw

you are leaving out michael bloomberg, he spent 100 million bucks to make sure that donald trump didn't earlier topic about pollsterring. we had this conversation about 4 years ago about the trump voter that was hard to quantify because they didn't want to say, yeah, i'm for donald trump. now they refer to it as the shy trump voter. that is a real thing, but those -- >> it's a real thing. steve: mainstream media polls simply either chose not to quantify it or couldn't figure it out because it is tough. when somebody is lying to you or being evasive it's hard to tell what they really think. >> well, sure, look, there are two things going on, i discussed this directly with the president last week. there's the shrump -- the shy undercover trump voter. cnn wrote a big article about this that we were going to bank on this hidden trump that you couldn't see in polls and here is the deal, you had the shy trump voters who just don't want every night to feel like thanksgiving with the in-laws. they are tired of arguing with people, your guy won last time, you want him to win this time. there's n

betsy: if we would have gotten bernie, would we have gotten michael bloomberg in the third-party echo we certainly know that that was a component when we are looking at these tight states in 2016 with a third-party vote impacting and hurting hillary clinton. >> that is a good point. steve: our sponsor may have a question about that. >> i wanted to ask for a moment to divert from the candidates to the process going because so many of you have inside seats. we were treated for several weeks and months with an apocalyptic vision of a complete meltdown of our system, whether it was going to be a machinery breakdown, poll workers, suppression of the vote. so between snafus, scoundrels and spies, we were supposed to have a completely dysfunctional boating system and yet it seem to hold up. i would be interested in some of your insights of the catastrophe that didn't happen. >> that is a great point. for all the hype about the voting process, this has worked pretty well. guysna and georgia as you know, typically have a longer count because there are a handful of communities that take longer

our interview with michael o'leary later this hour. this is bloomberg♪ francine: this is "bloomberg: surveillance." i'm francine lacqua in london. let's get to the business flash with leigh-ann gerrans. leigh-ann gerrans: nestle is close to its next takeover target. the payment provider is in merger talks with next, hoping to reach an agreement for a share deal the follows the purchase for 4.5 billion euros. shares in the firm have doubled since the country's -- company's ipo in april. ryanair is bracing for deeper losses this winter as a new wave of lock downs threatens its bring back flights. europe's biggest discount carrier will provide 40% of usual capacity and says that could drop further. ceo michael o'leary criticized new restrictions, calling them a failure of government policy. that's your bloomberg business flash. you.ine: thank a lot going on. we have to look at the markets. 24 hours away until the u.s. starts voting and that could move the markets. risk assets are all over the place at the moment. it is volatile when it comes to the market.

joining us to break it down is michael mckee, bloomberg economic and policy correspondent. michael: we call it getting whacked upside the head here in the colonies. in april, just a 0.3% gain for the month of october, down from 1.6% in the month of october, with the pendant was at its worst in april. only five of 13 categories rose last month, compared with 11 of 13 in the prior month. october andm november seems to be getting worse. jp morgan economists report that chase card spending has fallen notably in the first part of this month. it is, as they say, really dropping off,. that suggests a weaker month ahead. who knows what will happen with black friday, if anybody cares about that anymore, but it is a clear americans are cutting back. the actual results come a much less meaningful than the third quarter numbers. it is about who is doing well and why. take a look at the chart here. walmart beats expectations pretty much across the board. earnings up 6.4%. sales fell-store 6.4% compared to walmart's gain. it is because walmart is an essential retailer. they are selling st

joining us as michael mckee, bloomberg international policy and economic correspondent. what about this appointment is giving confidence to the markets specifically? theael: janet yellen ticks most important box for investors, she makes them money. take a look at what happened when she was fed chair. stocks compounded at a 12.6% annual rate at a price basis while she was chair of the fed from putting 14 to 2018, and remember, when that happened, she was raising interest rates for the first time in seven years by 150 basis points. that is the most important thing. but there are other reasons why investors are hitting the like button. she has been a fixture in washington for years, well-known, which means she is somewhat predicable. at least unlikely to swerve one way or the other. she believes in regulation on the financial industry, but by and large is happy with dodd-frank, not proposing any major new changes. and of course, she understands monetary and fiscal policy. she can come of the theory goes, work seamlessly with fed chair jay powell. she's been most of her care

battle for the soul of this nation that message served him better than a billion dollars served michael bloombergthat president trump may not concede biden campaign tells fox american people will decide this election and the united states government is perfectly capable of escorting trespassers out of the white house. on day one, biden said he wanted to clear the field on his own. >> i asked president obama not to endorse. >> but had obama help when he needed it. >> i love joe biden. >> 77-year-old challenged about his age. >> are you forgetting what you said -- >> acknowledges he's not part of a next generation of leaders. >> look i view myself as a bridge not as anything else. >> claims he's committed to two terms. >> battle one -- >> no. never have. not even there yet. he's almost there now ready for a day he wasn't sure would ever come. >> could i die happily not having held a chief play for me, yeah? country, at sea, and downtown. but don't worry, julie... robitussin shuts coughs down. human history also destroyed the lives of thousands of jewish survivors still suffering today. god calls on

i think michael bloomberg has lost.t a billion ontrying to get elected. 100 million trying to get florida to go for biden and he lost it all. there are winners and losers. >> sandra: you and i have spoken so many times over the years about america reaching energy independence, something that we have seen happen. and then you saw on the debate stage in this election cycle and all the discussions over fracking and whether or not the biden-harris ticket would put an end to it. that played a big part in what we're seeing develop in the state of pennsylvania. i just wonder, stuart, when it comes to the economy and you look at wisconsin, michigan and the big one pennsylvania, how you saw that playing out >> i'm interested in pennsylvania. as you say fracking was very much in the news. as things stand, i think with about 75, 76% of the vote counted, the president has a 677,000 lead over joe biden in pennsylvania. but the votes for tha* are still to be counted come from largely urban areas which will favor joe biden and that ma

bloomberg. michael: hello, everyone.ker is the leader of one of the world's most innovative companies and center of commerce and trade. they have been valuable partners for the new economy forum, having hosted the first forum in 2018. has done has saved lives and set an example for other countries. he has also been a strong leader on many of the issues bloomberg philanthropy's is focused on safety,roving road reducing tobacco deaths, and fighting climate change. we are honored to have him with us today. please join me in welcoming prime minister lee of singapore. >> prime minister, thank you for talking to bloomberg and the new economy forum. last time we spoke, you talked eloquently about singapore's role in asia and about the rising power of china and some of the difficulties of being an ally of america in this particular region. i wondered, from all those perspectives, what should president-elect joe biden, assuming he has indeed won, what should he do in terms of a policy towards the region and towards china in parti

bloomberg's michael mckee. that wraps it up for me and guide in new york and london. up in new york, frank luntz will be joining balance of power with david westin on bloomberg television and radio. let's get a quick check on the markets. a lot of nothing. the bank of america fund manager fully saying they are bull. even nasdaq is a hard time holding up. this is bloomberg. ♪ are you frustrated with your weight and health? it's time for aerotrainer, a more effective total body fitness solution. (announcer) aerotrainer's ergodynamic design and four patented air chambers create maximum muscle activation for better results in less time, all while maintaining safe, correct form and allows for over 20 exercises. do the aerotrainer super crunch. the pre-stretch works your abs even harder, engaging the entire core. then it's the back extension, super rock, and lower back traction stretch to take the pressure off your spine and stretch muscles. planks are the ultimate total body exercise. build your upper body with pushups. work your lower body with the aerosquat. the aerotrai

he also works with the bloomberg school of public health with michael r. hael bloomberg supports. coming up, we will talk shopping. amazon backlash. that is a phenomenon in your. retailers are getting ready for black drivers but the e-commerce giant is in europe's bad books. we will find out why, next. this is bloomberg. ♪ guy: this is bloomberg markets. happy thanksgiving. retailers all over the world are getting ready for black friday, but amazon has ended up in europe's bad books. in france, the e-commerce giant has agreed to postpone the event until shops reopen in december. union has polished striking amazon warehouses for the biggest shopping day of the year. joining us now is maria tadeo. walk us through why this is happening. maria: there are a number of reasons. the first i would say is obvious. it has to do with coronavirus and the lockdown. if you have a clothing store, if you're a bookshop, you have not been able to do your normal business hours, you're not making the money you hope you would've made and your revenue has plunged, you're still ha

with economic data in america, we bring in bloomberg's michael mckee.el: it is just slowly crossing the terminal with import prices out and prices down .1 on the month. without petroleum it is flat. here come the numbers on the retail sales. we are slowly getting these. .3% for the month for the month over month numbers. leave out autos and we were up .2%. both of those were lower than the forecast. the forecast was for half a .ercent gain the control group, which is what economists like to follow because it is what goes into gdp. .1%control group is up just . the forecast was for .5%. last month it was 1.4%. really seeing weakness in retail sales which is interesting in a negative way because what we have seen over the last couple of months is people buying a lot of stuff and not spending much on services. service businesses are the ones that will be impacted by the additional shutdowns we are seeing. let me take a quick look at where we saw gains and losses. electronics and appliance stores down 3.9% in october. building materials up 20%. we know hous

deciding the senate and you were talking i think earlier in the week about the 100 million that michael bloombergn various states where democrats had disappointing finishes. maybe he and others step up again and write enormous checks to try and sway the outcome in georgia. so i would expect this is going to be the most expensive -- perhaps two most expensive senate campaigns we've seen in a while. maria: wow. yeah. brian, your reaction? brian: well, as the wall street journal pointed out, money matters but it can't decide an election. i agree with james there's going to be a lot spent if we get special elections, but i think republicans walk out of this with a lot more energy than democrats are walking out of this election and that's going to matter in terms of the context of a january 5th. if we get two runoffs, i would expect republican voters in georgia to be very motivated even if they're at a money disadvantage, i think that still puts them over the edge in terms of where this thing could come out. as dagen says it matters greatly for the markets, this is what's propping up markets right now

michael bloomberg could give every single poor american in this country $1 million for what he spento get joe biden elected. just to clarify, mr. scully was suspended from his position. we have addressed the issue several times. there is a statement from steve and the network at our website, c-span.org. referendum is the wall street journal editorial. i want to point out the last part of the editorial. the trump referendum has called for results but its chaotic governance may cost him a second term. for write the best argument electing president trump is as a grade on the democratic party that is increasingly radical. a gop senate could also be that grade, though the senate may depend on how well mr. trump does. this election even harder on the handicapped. voters who want a centrist president should slit their ticket. lose, themp does calls -- the cause will not be weak republicans. joe biden and the democrats could not make president trump the fourth president to be fired after a single term. only mr. trump could do that. michael in new york city. trump supporter. tell us why. call

yes, michael bloomberg, a lot of money went down the sewer. stuart: ashe, a good round up.ure. stuart: campaign filing lawsuits, this is the press conference about to start in philadelphia. the trump legal team, we're going to take this are we taking this now? wait until they start? taking it now. this is update on what is happening in philadelphia with the trump legal team going after counting of the votes. >> good morning, we're hear this morning because we had a great morning at the appellate court. issued an order allowing immediate access for our team to observe the voting process. our team of 15 people will be sent in right now to observe vote counting process. this is very important. [inaudible] 30 to 50 to 100 people have -- [inaudible]. they had had a guy wearing a mask -- stuart: just going to inter result for a moment pam bondi. pam was on the show about 20 minutes ago, telling our viewers what she is now telling press conference in philadelphia, that is, they have won an appellate court decision. they will be allowed in to watch the counting of the vote and they

soul of this nation -- >> reporter: and that garneredded him more than a billion dollars from michael bloomberg united states government is perfectly capable of escorting trespassers out of the white house. on day one biden said he wanted to clear the field on his own. >> i asked president obama not to endorse. >> reporter: but had obama's help e when he needed it. >> i love joe biden. >> reporter: the 77-year-old was challenged about husband age. >> -- his age and acknowledges he's not part of the next generation of leaders. >> look, i view myself as a bridge, not as anything else. >> reporter: but claims he's committed to two terms. >> do you plan on one term? >> no, never have. i'm not even there yet. >> reporter: he's almost there now, ready for a day -- >> could i have died happily not having heard hail to the chief? well, yeah. kristin: america is mourning alex trebek, the longtime host of the iconic game show jeopardy who died early this morning at age 80 after battling pancreatic cancer. trace gallagher has a look back at his life and legacy. >> here is the host of jeopardy, alex alex t

she absolutely bodied michael bloomberg. i was a tool bullish on joe biden's prospects. i didn't understand bloomberg she ended his career. she ended his career. jason: let's have everybody remind them let's roll the tape. >> a billionaire who calls women fat broad and horse-faced lesbians. and no i'm not talking about donald trump. i'm talking about mayor bloomberg. jason: oh, that was a savage take down. >> it really was. honestly if that were the liz warren who showed up on the debate stage for all of 2019, things might have turned out differently for her. instead, she played the democratic game. when really she should have just gone all out against people like bloomberg. jason: there is a lot of turkeys to choose from this thanksgiving day. i hope you and your family vat most wonderful of holidays and take a moment to reflect on what really people are going through this holiday season. but thank you tiana lowe, we really do appreciate it. >> thank you, jason and happy thanksgiving. jason: thank you. coming up remote lear

i think michael bloomberg has loss.t a billion trying to get elected, 100 million trying to get florida to go for biden and he lost it all with nothing to show for it so there are some winners and some losers depending on where. >> we have spoken some a times the years about america reaching energy independence, something we have seen happen and then you saw in the debate stage in this election cycle and all the discussions over fracking and whether or not the biden harris ticket would put an end to it and that played a big part in what we are seeing develop in the state of pennsylvania. i just wonder, stuart, when it comes to the economy with these key battlegrounds especially north's call to, michigan and the big one, pennsylvania how you saw that playing out. stuart: i'm interested in pennsylvania because as you say fracking was very much in the news and as things stand i think with about 76% of the votes counted the president has a 677,000 lead over joe biden in pennsylvania, but the votes are still to be counted co

if you want to look at how the election was rigged, i worked on michael bloomberg's campaign, and i sawirsthand how it was raped against bernie sanders -- was rigged against bernie sanders. biden got more votes, but they shut down trump's entire campaign. i am disappointed in biden. host: what do you mean? rigged?you mean by shut down his campaign? he was not able to campaign the way he wanted to? caller: on march 10, i was at joe biden's michigan victory party. i got dragged there by a girl from delaware. thesame night joe biden won michigan primary, which i thought was rigged, they shut down bernie's entire campaign, which would have been epic. trump could not have his rallies and had to deal with this covid thing. i think the democrats and the media exploded it to destroy trump, set down his machine, and make sure he could not win. these are the people who stick up for the multinationals, the corporations. i think they wanted nothing to do with trump's nationalism. it is all to do with globalism. that is what you are going to get with this administration. host: same question to you,

after some rather disappointing results in congress relative to what they expected and guys, michael bloomberg's going to give in the runoff said he already gave $5 million to the get out the vote campaign in georgia earlier this year and andrew, just for some back of the envelope math, this runoff could cost over $400 million which would work out to over $100 per vote cast back to you. >> okay. robert appreciate it. we should have a longer conversation at some point about how we can get money out of plipli politics i want to bring in pollster and political strategist frank luntz to our discussion this morning you have been looking at this runoff in georgia, and talking to lots of people, and polling where do you think things stand right now? >> i'm trying to understand specifically who's got the turnout advantage because in the end, no one is going to change their votes, maybe 1 tor 2% but you got to figure out who's going to vote. after watching the last two weeks where so many trump people have been disillusioned because their candidate lost for president, and we find that 55% of trump voters

alix: that was della said president robert kaplan speaking earlier at a bloomberg future finance event with michaels us now, with bloomberg correspondent sonali basak. on where youup guys left off, you have 10-year gilts at 95 basis points. how did he reconcile that in your conversation? michael: we have to recognize that 95 basis points is still very low, and we have seen a lot of volatility in the rates market within the range that these things have traded. it broke through the range, but does it stay there, given the fact that the pandemic news is bad, that right now there does not seem to be a fiscal program on the horizon, or on the far horizon? the fed is keeping an eye on this, but i think they are expecting to see yields fall a little bit. prices back up some given everything that is not going on. throw on top of that the additional supply from the federal government. a little bitlk about what loan officers are saying right now. we got a new survey out on that very subject. i am curious as to what u.s. banks are thinking right now. you've got a pandemic that is still rippling through the ec

we are joined by michael malone of bloomberg intelligence.ave been a bitcoin bull for a long time. how much more upside in the short-term is there? mike: i'm afraid it is probably going to do what gold did. beent to 2000, and has not a bull market since. it kueng just added a one to the front of the number -- bitcoin just added a one to the front of the number. next year or two, it could at a zero to the back of the number. so those are some pretty big numbers. why have we moved on from this just being -- i'm going to get an email, i suspect, about this. problemsonder what bitcoin solves. mike: bitcoin is becoming the digital version of gold. it is climbing. it is the lowest ever versus gold. volatility is below that of nasdaq. beensked on the planet has decreasing, bitcoin has been declining. with qe, we know there is a limited supply of bitcoin. -- itstitutional reform has become institutional. limited supply. demand is picking up. the macro is very positive. alix: what is the movement, the correlation to the dollar? what is moving at? mike