September 11, 2025 • 16 mins
On today's podcast:
1) A search is underway for the killer of Charlie Kirk, a conservative activist who was fatally shot at a Utah university. Kirk was speaking at an outdoor event at Utah Valley University when a single shot was fired from a nearby building, according to local police, with Governor Spencer Cox describing it as a “political assassination.” The shooting drew an outpouring of shock and condemnation from Republicans and Democrats alike, with former Democratic presidents Joe Biden and Barack Obama denouncing the violence and offering sympathies to Kirk's family.
2) Global stocks posted small gains as traders held back on major bets before Thursday’s highly anticipated US inflation data. Expectations that the Fed will resume monetary easing this month have soared in recent weeks, as data increasingly point to a US labor market under strain. A softer-than-expected print could fuel bets on an initial outsized cut, while a stronger reading would bolster the case for more gradual moves.
3) Mexico plans to impose tariffs of as much as 50% on cars and other products made by China and several Asian exporters. The tariffs would affect countries including China, South Korea, India, Thailand, Indonesia, Russia and Turkey, but would not apply to countries such as the US, Canada, the European Union, Japan, Malaysia, Vietnam and Singapore.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:02):
Bloomberg Audio Studios, Podcasts, Radio News Karen.
Speaker 2 (00:07):
We began with an act of political violence this morning.
Speaker 3 (00:11):
This morning, we are still searching for the story we're
following today.
Speaker 4 (00:14):
Ellye Kirk, the conservative activist and founder of Turning Point USA,
was shot as he was speaking to an outdoor crowd
at Utah Valley University. He was rushed to a local hospital,
where he died. Utah Governor Spencer Cox reacted on the
campus after the shooting.
Speaker 2 (00:30):
This is a dark day for our state.
Speaker 4 (00:34):
It's a tragic day for our nation, and I want
to be very clear that this is a political assassination.
Utah Governor Spencer Cox spoke as local police had a
person of interest in custody.
Speaker 2 (00:45):
That person has been released.
Speaker 4 (00:48):
Officials say the gunshot may have been fired from a
rooftop about two hundred yards from where Kirk was speaking.
Surveillance video shows a person in dark clothing who may
be the suspect.
Speaker 3 (00:58):
Well Nathan Charlie kirksisation has sparked shock and anger on
both sides of the aisle. President Trump posted a video
tribute on truth Social last night.
Speaker 5 (01:08):
This is a dark moment for America.
Speaker 2 (01:12):
Charlie Kirk traveled.
Speaker 5 (01:13):
The nation, joyfully engaging with everyone interested in good faith debate.
His mission was to bring young people into the political process,
which he did better than anybody ever.
Speaker 3 (01:27):
And in that video message, President Trump blamed rhetoric from
in his words, the radical left, for contributing to the violence.
Democrats are also condemning the attack. New York's Alexandria Ocassio
Cortes reacted on Capitol Hill.
Speaker 2 (01:42):
This is horrific.
Speaker 6 (01:44):
This is awful, and the assassination of Charlie Kirk risks
in uncirking a political chaos.
Speaker 3 (01:51):
And it adds to a series of political violence in
recent years, including the murder of a Minnesota Democrat earlier
this summer, and arson at Pennsylvania Governor Joshapiro's home, and
two attempts on President Trump last year. Charlie Kirk leaves
behind a wife and two young children. He was thirty
one years old.
Speaker 2 (02:11):
Well, Karen.
Speaker 4 (02:11):
Americans are also marking the twenty four year anniversary since
the September eleventh attacks at the World Trade Center site
in New York City. The nearly three thousand victims' names
will be read aloud. We get more from Bloomberg's Lisa
Matteo in Manhattan.
Speaker 6 (02:27):
The first moment of silence comes at eight forty six,
marking the moment Flight eleven struck the North Tower. After
houses of worship will toll their bells throughout the city,
and then families of the victims begin reading their names
in pairs. The next moment of silence comes at nine
oh three, when Flight one seventy five struck the South Tower.
At nine to twenty, we get moments of silence at
(02:48):
both the New York Stock Exchange and NASDAK. Silence happens
again at nine thirty seven, the time Flight seventy seven
struck the Pentagon. At nine point fifty nine, silence marks
the time of the fall of the South Tower. Ten
oh three, we observe silence for the time Flight ninety
three crash near Shanksville, Pennsylvania. The day's last moment of
silence happens at ten twenty eight, the time the North
(03:11):
Tower fell. The full commemoration concludes in the neon hour,
after all victims' names have been read in New York.
Lisa Matteo Bloomberg News.
Speaker 3 (03:20):
All right, Lisa, thank you. We want to turn to
the trade war now and Mexico plans to impose tariffs
of as much as fifty percent on products made by China.
We again more with Bloomberg's John Tucker and John what's
behind the move.
Speaker 7 (03:33):
Yeap Mexico's President Claudia Shanbaum Karen is aligning her country
more closely with US protectionism. She's hoping to appease President
Trump a head of talks of our North America's free
trade deal. Mexico has become the biggest destination for cars
from China, and that doesn't sit well with President Trump
as he wages the trade war with China. Higher Mexican
(03:54):
terrence would apply to a list of more than fourteen
hundred categories of products, including autos. China, South Korea, and
India are among the exporters that will be hit. Now
Mexico has replaced Russia as the top destination for exports
of Chinese cars. General Motorsport and Stlantis shift their China
made cars to Mexico and other parts of Latin America,
(04:15):
where they're sold relatively cheaply. Now, the US and Canada
have a free trade pack with Mexico known as us MCA.
The terms of that pack called for a review next year.
Which may open the door for renegotiation between the three countries.
In New York, Come John Tucker, Bloomberg Radio.
Speaker 2 (04:33):
All right, John, thank you.
Speaker 4 (04:34):
The CEO of one of the world's biggest bank says
the impact of global tariffs on the US economy and
Fed monetary policy remains unclear. We spoke with UBS chief
Sergio or Madi in Hong Kong.
Speaker 2 (04:45):
The true issuow on taris will be seen on consumers
in the US. We will need to see exactly if
there is an inflationary aspect of tariffs and is that
still unclear at this point? I think is unclear.
Speaker 4 (05:01):
That was UBS chief Surgery Armadi speaking this morning with
Bloomberg's David and Glace in Hong Kong. For the full conversation,
head to the Bloomberg podcast channel on YouTube.
Speaker 3 (05:09):
Heyk And we also caught up with another banking boss
this morning. City Groups CEO Jane Fraser, said the US
economy is proving resilient due to robust consumers spending and
that she doesn't see a recession on the horizon. And
Fraser spoke with Bloomberg's dew Minor Brossetchi in Dubai.
Speaker 8 (05:25):
I still see very strong pipelines. I see high level
of engagement from clients. I see a sense of urgency
as well. Given the speed with which industry structures are
changing and there is still growth opportunity, I think growth
will be a notch lower. We're keeping an eye on
the labor market. It's a low churn market, so not
(05:45):
everything is rosy, but we don't see a recession on
the horizon.
Speaker 3 (05:50):
City Group CEO Jane Fraser also said merger activity is
rebounding as US companies gain confidence from clearer policy signals.
Speaker 4 (05:58):
Turning to the markets now and futures are pointed higher.
A day after stocks closed at another record high and
ahead of this morning's key economic report on inflation, economists
forecast core consumer prices rose three tenths of one percent
for a second straight month. We get a preview from
Bloomberg's Michael McKee.
Speaker 9 (06:17):
It's not whether consumer price inflation rose in August, but
which products and by how much The hunter's on For
signs of tariff price pressure, analysts will look to electronics, furniture,
and other durable goods, as well as food and clothing.
Another category to watch service prices, which unexpectedly rose last month.
(06:37):
Core durables meanwhile, rose at the fastest non COVID rate
since twenty twelve in yesterday's PPI report. Signs of import
tax impacts may not deter the Fed from cutting interest
rates next week, but they may affect market views on
the path of rates going forward. Michael McKee, Bloomberg Radio.
Speaker 3 (06:54):
All right, Mike, thank you will. The economy and monetary
policy are also in focus overseas this morning. European Central
Bank is expected to leave interest rates unchanged today. In fact,
economists belief policymakers are finished with cuts for now.
Speaker 4 (07:08):
And as stocks set records on Wednesday, Karen, it was
a historic day for Larry Ellison, the Oracle founder, briefly
surpassed Elon Musk to become the world's richest person. Ellison's
personal wealth sword eighty nine billion dollars after Oracle's earnings
and forecasts that increase lifted his total net worth it's
more than three hundred and eighty three billion dollars.
Speaker 3 (07:34):
Time now for a look at some of their stories
making news in New York and around the world. And
for that we're joined by Bloomberg's Michael Barr.
Speaker 10 (07:40):
Michael, good morning, Good morning, Karen, Today marks twenty four
years since the September eleventh terror attacks in New York City.
This morning, a group of firefighters and their families will
be running thirty four point three miles to remember and
to remind others to never forget what happened that horrible day.
They will run from Long Eye into the World Trade
(08:01):
Center to honor the three hundred and forty three members
of the FDN Y who were killed that day. Joe
Downey is the grandson of Ray Downey. Joe was only
five years old when his grandfather died on nine to eleven.
Joe Downey spoke to ABC seven.
Speaker 11 (08:16):
My grandfather he had four core values in his life, family, faith, fitness,
and the fdn Y. So hearing about this run, this
was a sum of all these values in.
Speaker 10 (08:28):
One About three thousand people were killed that day in
New York, Washington, and Pennsylvania. There was a deadly school
shooting in the same Colorado county where the Columbine High
School massacre took place twenty six years ago. Authorities say
Wednesdays suspected shooter died from a self inflicted gunshot wound.
The Jefferson County Sheriff's Department says the shooter wounded two
(08:50):
other students with a handgun at Evergreen High School and
are hospitalized. Chairff spokesperson Jackie Kelly.
Speaker 3 (08:57):
Obviously we're going to focus on suspect's home, his car,
his locker, all the things that we need to do
to find out more about him and maybe why this happened.
Speaker 10 (09:06):
Jefferson County Sheriff spokesperson Jackie Kelly says the shooter was
a juvenile. Mail opening statements to get underway today and
Fort Pierce, Florida in the trial of Ryan Ruth. He
is facing criminal charges for allegedly attempting to assassinate then
candidate Donald Trump with a rifle at his golf club
in West Palm Beach. Global News twenty four hours a
(09:27):
day and whenever you want it with the Bloomberg News.
Now michae Lebarrn, This is Bloomberg, Karen.
Speaker 3 (09:32):
Thanks Michael. Time now for our Bloomberg Sports update, and
for that we bring in John stash Hour.
Speaker 12 (09:38):
Thanks Karen. Looks like the forty nine er is gonna
have to play their Week two game in New Orleans
with at their starting quarterback Rock Perty. He's got a
toe injury. Coach Kyle Shanahan calls him a long shot
to play Sunday and says he actually may miss several weeks.
Rough night in New York baseball, Mets lost in Philadelphia
eleven to three. Fields now lead the division by ten games.
The Yankees gave up eleven runs loss of the time
(10:00):
there's eleven to one. So for the Yanks, back to
back losses by ten or more runs for that's the
third time in Yankee history. That's the Bloomberg Sports Update.
Speaker 3 (10:09):
Stay with us. More from Bloomberg day Break coming up
after this.
Speaker 1 (10:17):
Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 2 (10:27):
Good morning, I'm Nathan Hager.
Speaker 4 (10:29):
The assassination of conservative activist Charlie Kirk has sparked shock
and outrage across the political spectrum, and it's raised new
questions about the state of this country's discourse. President Trump
put it this way in a video tribute to the
Turning Point USA founder.
Speaker 5 (10:44):
It's a long past time for all Americans and the
media to confront the fact that violence and murder are
the tragic consequence of demonizing those with whom you disagree,
day after day, year after year, the most hateful and
despicable way possible.
Speaker 4 (11:03):
I was President Trump in a video tribute to Charlie
Kirk posted on truth Social last night. This morning, we're
joined by Terry Haynes, the founder of Pangaeopolicy, and Terry,
this just seems to be the latest in a wave
of political violence that's been going on in this country.
Speaker 2 (11:18):
For years now. Could this change things?
Speaker 13 (11:21):
Good morning, Good morning, Nathan, But I certainly hope.
Speaker 3 (11:26):
So.
Speaker 13 (11:28):
It's disturbing in political Washington because I think it's taken
by everybody as a direct shot at the First Amendment.
I don't mean to abstract a human tragedy, but there
are these aspects. It's a direct shot at the First Amendment.
Freedom of assembly, the freedom of debate, from viewpoint, diversity,
all these things, and reckoning is necessary. I'll be optimistic
(11:53):
about the possibility of that happening, but it's by no
means a slam dunk.
Speaker 4 (11:59):
And to that point, I mean, we've seen on social
media Elon Musk posting on Twitter the left is the
Party of murder, some other conservative activists calling Charlie Kirk
a martyr, and of course we've had, you know, attempts
on President Trump's life just last year. What will it
take for cooler heads to prevail from all this?
Speaker 13 (12:22):
You're absolutely right about. You know, there's a long, long
littening on both on both sides of outrage and the
direct action against people and things. I think you really
need three changes inside the political class and outside of it. First,
(12:44):
you need more humility than we've got today, a lot
more of it, since that everything has gone too far
and needs it needs to stop. Secondly, you rightly point
out the rhetoric, and there is the rhetoric is way
over the top on both sides. Two days ago the
United States, a democratic United States senator I'm not going
to name because I'm not interested in outing anybody said
(13:08):
publicly that we're in a war right now to save
this country, so you have to be willing to do
whatever is necessary to save the country. That sort of
rhetoric is, I point out, just as the most recent
example of many that has to be dialed down, because
the message is that you have to do whatever is
necessary implies the kinds of things that happened yesterday. It
(13:31):
does and so there's that. And the final thing, too,
is is the political culture today on both sides of
rewards extremism, and that's got to stop. One way that
can stop, there's a lot of different ways, is by
making sure that just as in twenty twenty, that those
(13:52):
who fund the politics, individuals, companies express their intolerance for
for this sort of intolerance.
Speaker 4 (14:02):
In our last minute terry act like this and coming
after some of the others as well, Does this point
to an instability in our country?
Speaker 2 (14:11):
Put it in a broader context for us?
Speaker 13 (14:14):
I don't think it points to an instability in the country.
I respect the conclusion. I don't think it points to
an instability in the country. I do think it's a
situation where people, you know, whether they're officials in the
Isaias government or ordinary citizens, find themselves gripped by the
(14:38):
sort of apocalyptic rhetoric and on both sides again and
feel the need to somehow address the situation. And that's
a problem. Now. I will be optimistic in the end
because I lived through the nineteen sixties and seventies as
a child and a young adult, and that's exactly the
(14:58):
same kind of thing that happened then, and we got
past it, and let pray we do now.
Speaker 3 (15:05):
This is Bloomberg Daybreak, your morning podcast on the stories
making news from Wall Street to Washington and beyond.
Speaker 4 (15:12):
Look for us on your podcast feed by six am
Eastern each morning, on Apple, Spotify, or anywhere else you listen.
Speaker 3 (15:18):
You can also listen live each morning starting at five
am Wall Street Time on Bloomberg eleven three to zero
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Speaker 4 (15:33):
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Speaker 3 (15:38):
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Speaker 2 (15:51):
And I'm Nathan Hager.
Speaker 4 (15:53):
Join us again tomorrow morning for all the news you
need to start your day right here on Bloomberg Daybreak.
Speaker 3 (16:03):
They
Bloomberg Audio Studios, Podcasts, Radio News Karen.
Speaker 2 (00:07):
We began with an act of political violence this morning.
Speaker 3 (00:11):
This morning, we are still searching for the story we're
following today.
Speaker 4 (00:14):
Ellye Kirk, the conservative activist and founder of Turning Point USA,
was shot as he was speaking to an outdoor crowd
at Utah Valley University. He was rushed to a local hospital,
where he died. Utah Governor Spencer Cox reacted on the
campus after the shooting.
Speaker 2 (00:30):
This is a dark day for our state.
Speaker 4 (00:34):
It's a tragic day for our nation, and I want
to be very clear that this is a political assassination.
Utah Governor Spencer Cox spoke as local police had a
person of interest in custody.
Speaker 2 (00:45):
That person has been released.
Speaker 4 (00:48):
Officials say the gunshot may have been fired from a
rooftop about two hundred yards from where Kirk was speaking.
Surveillance video shows a person in dark clothing who may
be the suspect.
Speaker 3 (00:58):
Well Nathan Charlie kirksisation has sparked shock and anger on
both sides of the aisle. President Trump posted a video
tribute on truth Social last night.
Speaker 5 (01:08):
This is a dark moment for America.
Speaker 2 (01:12):
Charlie Kirk traveled.
Speaker 5 (01:13):
The nation, joyfully engaging with everyone interested in good faith debate.
His mission was to bring young people into the political process,
which he did better than anybody ever.
Speaker 3 (01:27):
And in that video message, President Trump blamed rhetoric from
in his words, the radical left, for contributing to the violence.
Democrats are also condemning the attack. New York's Alexandria Ocassio
Cortes reacted on Capitol Hill.
Speaker 2 (01:42):
This is horrific.
Speaker 6 (01:44):
This is awful, and the assassination of Charlie Kirk risks
in uncirking a political chaos.
Speaker 3 (01:51):
And it adds to a series of political violence in
recent years, including the murder of a Minnesota Democrat earlier
this summer, and arson at Pennsylvania Governor Joshapiro's home, and
two attempts on President Trump last year. Charlie Kirk leaves
behind a wife and two young children. He was thirty
one years old.
Speaker 2 (02:11):
Well, Karen.
Speaker 4 (02:11):
Americans are also marking the twenty four year anniversary since
the September eleventh attacks at the World Trade Center site
in New York City. The nearly three thousand victims' names
will be read aloud. We get more from Bloomberg's Lisa
Matteo in Manhattan.
Speaker 6 (02:27):
The first moment of silence comes at eight forty six,
marking the moment Flight eleven struck the North Tower. After
houses of worship will toll their bells throughout the city,
and then families of the victims begin reading their names
in pairs. The next moment of silence comes at nine
oh three, when Flight one seventy five struck the South Tower.
At nine to twenty, we get moments of silence at
(02:48):
both the New York Stock Exchange and NASDAK. Silence happens
again at nine thirty seven, the time Flight seventy seven
struck the Pentagon. At nine point fifty nine, silence marks
the time of the fall of the South Tower. Ten
oh three, we observe silence for the time Flight ninety
three crash near Shanksville, Pennsylvania. The day's last moment of
silence happens at ten twenty eight, the time the North
(03:11):
Tower fell. The full commemoration concludes in the neon hour,
after all victims' names have been read in New York.
Lisa Matteo Bloomberg News.
Speaker 3 (03:20):
All right, Lisa, thank you. We want to turn to
the trade war now and Mexico plans to impose tariffs
of as much as fifty percent on products made by China.
We again more with Bloomberg's John Tucker and John what's
behind the move.
Speaker 7 (03:33):
Yeap Mexico's President Claudia Shanbaum Karen is aligning her country
more closely with US protectionism. She's hoping to appease President
Trump a head of talks of our North America's free
trade deal. Mexico has become the biggest destination for cars
from China, and that doesn't sit well with President Trump
as he wages the trade war with China. Higher Mexican
(03:54):
terrence would apply to a list of more than fourteen
hundred categories of products, including autos. China, South Korea, and
India are among the exporters that will be hit. Now
Mexico has replaced Russia as the top destination for exports
of Chinese cars. General Motorsport and Stlantis shift their China
made cars to Mexico and other parts of Latin America,
(04:15):
where they're sold relatively cheaply. Now, the US and Canada
have a free trade pack with Mexico known as us MCA.
The terms of that pack called for a review next year.
Which may open the door for renegotiation between the three countries.
In New York, Come John Tucker, Bloomberg Radio.
Speaker 2 (04:33):
All right, John, thank you.
Speaker 4 (04:34):
The CEO of one of the world's biggest bank says
the impact of global tariffs on the US economy and
Fed monetary policy remains unclear. We spoke with UBS chief
Sergio or Madi in Hong Kong.
Speaker 2 (04:45):
The true issuow on taris will be seen on consumers
in the US. We will need to see exactly if
there is an inflationary aspect of tariffs and is that
still unclear at this point? I think is unclear.
Speaker 4 (05:01):
That was UBS chief Surgery Armadi speaking this morning with
Bloomberg's David and Glace in Hong Kong. For the full conversation,
head to the Bloomberg podcast channel on YouTube.
Speaker 3 (05:09):
Heyk And we also caught up with another banking boss
this morning. City Groups CEO Jane Fraser, said the US
economy is proving resilient due to robust consumers spending and
that she doesn't see a recession on the horizon. And
Fraser spoke with Bloomberg's dew Minor Brossetchi in Dubai.
Speaker 8 (05:25):
I still see very strong pipelines. I see high level
of engagement from clients. I see a sense of urgency
as well. Given the speed with which industry structures are
changing and there is still growth opportunity, I think growth
will be a notch lower. We're keeping an eye on
the labor market. It's a low churn market, so not
(05:45):
everything is rosy, but we don't see a recession on
the horizon.
Speaker 3 (05:50):
City Group CEO Jane Fraser also said merger activity is
rebounding as US companies gain confidence from clearer policy signals.
Speaker 4 (05:58):
Turning to the markets now and futures are pointed higher.
A day after stocks closed at another record high and
ahead of this morning's key economic report on inflation, economists
forecast core consumer prices rose three tenths of one percent
for a second straight month. We get a preview from
Bloomberg's Michael McKee.
Speaker 9 (06:17):
It's not whether consumer price inflation rose in August, but
which products and by how much The hunter's on For
signs of tariff price pressure, analysts will look to electronics, furniture,
and other durable goods, as well as food and clothing.
Another category to watch service prices, which unexpectedly rose last month.
(06:37):
Core durables meanwhile, rose at the fastest non COVID rate
since twenty twelve in yesterday's PPI report. Signs of import
tax impacts may not deter the Fed from cutting interest
rates next week, but they may affect market views on
the path of rates going forward. Michael McKee, Bloomberg Radio.
Speaker 3 (06:54):
All right, Mike, thank you will. The economy and monetary
policy are also in focus overseas this morning. European Central
Bank is expected to leave interest rates unchanged today. In fact,
economists belief policymakers are finished with cuts for now.
Speaker 4 (07:08):
And as stocks set records on Wednesday, Karen, it was
a historic day for Larry Ellison, the Oracle founder, briefly
surpassed Elon Musk to become the world's richest person. Ellison's
personal wealth sword eighty nine billion dollars after Oracle's earnings
and forecasts that increase lifted his total net worth it's
more than three hundred and eighty three billion dollars.
Speaker 3 (07:34):
Time now for a look at some of their stories
making news in New York and around the world. And
for that we're joined by Bloomberg's Michael Barr.
Speaker 10 (07:40):
Michael, good morning, Good morning, Karen, Today marks twenty four
years since the September eleventh terror attacks in New York City.
This morning, a group of firefighters and their families will
be running thirty four point three miles to remember and
to remind others to never forget what happened that horrible day.
They will run from Long Eye into the World Trade
(08:01):
Center to honor the three hundred and forty three members
of the FDN Y who were killed that day. Joe
Downey is the grandson of Ray Downey. Joe was only
five years old when his grandfather died on nine to eleven.
Joe Downey spoke to ABC seven.
Speaker 11 (08:16):
My grandfather he had four core values in his life, family, faith, fitness,
and the fdn Y. So hearing about this run, this
was a sum of all these values in.
Speaker 10 (08:28):
One About three thousand people were killed that day in
New York, Washington, and Pennsylvania. There was a deadly school
shooting in the same Colorado county where the Columbine High
School massacre took place twenty six years ago. Authorities say
Wednesdays suspected shooter died from a self inflicted gunshot wound.
The Jefferson County Sheriff's Department says the shooter wounded two
(08:50):
other students with a handgun at Evergreen High School and
are hospitalized. Chairff spokesperson Jackie Kelly.
Speaker 3 (08:57):
Obviously we're going to focus on suspect's home, his car,
his locker, all the things that we need to do
to find out more about him and maybe why this happened.
Speaker 10 (09:06):
Jefferson County Sheriff spokesperson Jackie Kelly says the shooter was
a juvenile. Mail opening statements to get underway today and
Fort Pierce, Florida in the trial of Ryan Ruth. He
is facing criminal charges for allegedly attempting to assassinate then
candidate Donald Trump with a rifle at his golf club
in West Palm Beach. Global News twenty four hours a
(09:27):
day and whenever you want it with the Bloomberg News.
Now michae Lebarrn, This is Bloomberg, Karen.
Speaker 3 (09:32):
Thanks Michael. Time now for our Bloomberg Sports update, and
for that we bring in John stash Hour.
Speaker 12 (09:38):
Thanks Karen. Looks like the forty nine er is gonna
have to play their Week two game in New Orleans
with at their starting quarterback Rock Perty. He's got a
toe injury. Coach Kyle Shanahan calls him a long shot
to play Sunday and says he actually may miss several weeks.
Rough night in New York baseball, Mets lost in Philadelphia
eleven to three. Fields now lead the division by ten games.
The Yankees gave up eleven runs loss of the time
(10:00):
there's eleven to one. So for the Yanks, back to
back losses by ten or more runs for that's the
third time in Yankee history. That's the Bloomberg Sports Update.
Speaker 3 (10:09):
Stay with us. More from Bloomberg day Break coming up
after this.
Speaker 1 (10:17):
Coast to coast on Bloomberg Radio, nationwide on Sirius XM,
and around the world on Bloomberg dot Com and the
Bloomberg Business app. This is Bloomberg Daybreak.
Speaker 2 (10:27):
Good morning, I'm Nathan Hager.
Speaker 4 (10:29):
The assassination of conservative activist Charlie Kirk has sparked shock
and outrage across the political spectrum, and it's raised new
questions about the state of this country's discourse. President Trump
put it this way in a video tribute to the
Turning Point USA founder.
Speaker 5 (10:44):
It's a long past time for all Americans and the
media to confront the fact that violence and murder are
the tragic consequence of demonizing those with whom you disagree,
day after day, year after year, the most hateful and
despicable way possible.
Speaker 4 (11:03):
I was President Trump in a video tribute to Charlie
Kirk posted on truth Social last night. This morning, we're
joined by Terry Haynes, the founder of Pangaeopolicy, and Terry,
this just seems to be the latest in a wave
of political violence that's been going on in this country.
Speaker 2 (11:18):
For years now. Could this change things?
Speaker 13 (11:21):
Good morning, Good morning, Nathan, But I certainly hope.
Speaker 3 (11:26):
So.
Speaker 13 (11:28):
It's disturbing in political Washington because I think it's taken
by everybody as a direct shot at the First Amendment.
I don't mean to abstract a human tragedy, but there
are these aspects. It's a direct shot at the First Amendment.
Freedom of assembly, the freedom of debate, from viewpoint, diversity,
all these things, and reckoning is necessary. I'll be optimistic
(11:53):
about the possibility of that happening, but it's by no
means a slam dunk.
Speaker 4 (11:59):
And to that point, I mean, we've seen on social
media Elon Musk posting on Twitter the left is the
Party of murder, some other conservative activists calling Charlie Kirk
a martyr, and of course we've had, you know, attempts
on President Trump's life just last year. What will it
take for cooler heads to prevail from all this?
Speaker 13 (12:22):
You're absolutely right about. You know, there's a long, long
littening on both on both sides of outrage and the
direct action against people and things. I think you really
need three changes inside the political class and outside of it. First,
(12:44):
you need more humility than we've got today, a lot
more of it, since that everything has gone too far
and needs it needs to stop. Secondly, you rightly point
out the rhetoric, and there is the rhetoric is way
over the top on both sides. Two days ago the
United States, a democratic United States senator I'm not going
to name because I'm not interested in outing anybody said
(13:08):
publicly that we're in a war right now to save
this country, so you have to be willing to do
whatever is necessary to save the country. That sort of
rhetoric is, I point out, just as the most recent
example of many that has to be dialed down, because
the message is that you have to do whatever is
necessary implies the kinds of things that happened yesterday. It
(13:31):
does and so there's that. And the final thing, too,
is is the political culture today on both sides of
rewards extremism, and that's got to stop. One way that
can stop, there's a lot of different ways, is by
making sure that just as in twenty twenty, that those
(13:52):
who fund the politics, individuals, companies express their intolerance for
for this sort of intolerance.
Speaker 4 (14:02):
In our last minute terry act like this and coming
after some of the others as well, Does this point
to an instability in our country?
Speaker 2 (14:11):
Put it in a broader context for us?
Speaker 13 (14:14):
I don't think it points to an instability in the country.
I respect the conclusion. I don't think it points to
an instability in the country. I do think it's a
situation where people, you know, whether they're officials in the
Isaias government or ordinary citizens, find themselves gripped by the
(14:38):
sort of apocalyptic rhetoric and on both sides again and
feel the need to somehow address the situation. And that's
a problem. Now. I will be optimistic in the end
because I lived through the nineteen sixties and seventies as
a child and a young adult, and that's exactly the
(14:58):
same kind of thing that happened then, and we got
past it, and let pray we do now.
Speaker 3 (15:05):
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Speaker 4 (15:12):
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Speaker 4 (15:33):
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Speaker 3 (15:38):
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Speaker 2 (15:51):
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