Bloomberg Daybreak: December 2, 2022 - Hour 2 (Radio)

U S futures right now. Deaf futures down forty four point says to be dropped four and as that futures declined by nineteen the US ten year old at three point five one percent, Gold is down four, Oil is a little change, and Bitcoin is training higher by half percent. Japan fell one point six percent over night, while European

markets are little changed this morning. And back in the US on the economic front, you mentioned those jobs reports at eight thirty after the bell Essonnate Aulti Beauty qu three beat estimates, and in other news, UBS cut its iPhone forecast by sixteen million units on COVID and demand issues. Wrapping things up, Echo Lab was put the equay to Barkley's Jorge ash was cut. The second perform at RBC

on Slower Order of Growth. Live from the first breaking new stascon Bill Maloy, Nathan Okay, Bill, thanks to you get live breaking news over your Bloomberg type squawk on your terminal s q U A go. That's the Bloomberg Business Flash. Now here's Michael Barr with more on what's going on around the world. Michael, thank you very much. Nathan. It is a victory for the Justice Department's criminal investigation

into Donald Trump's handling of White House documents. A Federal Appeals scored rule to judge was wrong by appointing a special master to review material sees from the former president Sammara Lago Home. Congress has avoided what President Biden says could have been a Christmas catastrophe. The Senate voted to pass a bill to averted looming rail strike NFL. The Bills beat the Patriot NHL. Both the Devils and Capitals lost in ot at the World Cup. Four games today,

including Cameroon against Brazil. Global names of four hours a day on air end on Bloomberg Quick Take, powered by more than un journalists an analysts, more than twenty countries. Michael Barr, this is Bloomberg, Nathan. Thank you, Michael. We're coming up to sixty nine on Wall Street. Let's turn

to news in science and technology now. The Bloomberg n j I T STEM Report is brought to you by New Jersey Institute of Technology, ranked to top hundred national university by U S News and World Report and the number one public university in New Jersey by Forbes. What Will You Make It n j I T. Learn more at n j I T dot e d U. Now Here's what's making news and science, Technology, engineering and math. Tesla handed over the first of its electric semi trucks

in Nevada. It's a milestone for the automaker, more than five years after it unveiled the vehicle. Electrifying big commercial vehicles is crucial to transitioning to more sustainable transportation. Tesla estimates, while combination trucks are just one percent of the U S vehicle fleet, they account for twenty of vehicle emissions. Top US military leaders are warning China's space technology is

advancing quote very very quickly. The U S Space Force says Australia will be a critical asset for growing strategic competition with China, citing its geographical position and advanced research capabilities, and global goods trade will shrink next year, according to Oxford Economics, signaling a concerning forecast for Asia's export dependent economies. The report sites China's economic slowdown and energy price shock in Europe, rising interest rates, and protectionism as factors behind

the trade outlook. That's the Bloomberg and j I. T Stem Report. Amy, all right, thank you, Nathan. We're live from the Bloomberg Interactive Broker Studios, where it is six fifty one on Wall Street. Talk out to check what's going on in d C. And some of the top stories in our nation's capital include President Biden signaling that Democrats are moving on from Iowa. The President also says he's open to talks with Vladimir Putin about ending the

war in Ukraine. Donald Trump lost it at a court case, this one that special master review, and all eyes on the Senate run off in Georgia. We welcome Bloomberg Washington correspondent Joe Matthew, Host of Sound Donnie joins us. Now, Joe, thanks so much for taking the time this morning. President Biden proposing some sweeping changes to the Democratic nominating calendar. What's the strategy here, Yeah, this is something that the strategy is to give more people of color of voice

in the early nominating process. And this is not a new idea. We've been hearing challenges to the lineup every four years for some time now. Because Iowa and New Hampshire are tiny states that are more than nine white, and President Biden says the calendar is structured in a way that does not give more diverse people a chance to weigh in on candidates early enough to make a difference. Obviously they get a chance here, but once you get through Iowa and New Hampshire, the field has been winnowed

down so much. Democrats, we're also upset about long delays. You might remember in twenty in tabulating results in Iowa. So Iowa was already at a deficit, and it's it's got a fully Republican congressional delegation now and Joe by and doesn't think the party should be using caucuses at all. So he wants to make South Carolina the first in the nation primary state. Imagine this followed by New Hampshire, then Nevada, then Georgia and Michigan. That's what it would

look like. And by the way, those are all the states that favored Joe Biden in It's still got to be ratified by the d n c's rules and by Lass Committee, which meets today, and then it would have to be approved by the full d n C in February.

It may well pass. But you know, Andy, we've seen this movie before and not necessarily coming from the President like this, But I have to remind you New Hampshire specifically has a state law that says they will hold the nation's first primary no matter what, So schedule South Carolina whenever you want. New Hampshire will put its primary a week earlier and simply schedule its own primary. So this is not quite as clear as it might seem

in the headline. Okay, we're gonna keep watching that with you. Meanwhile, the President also says he will talk with Vladimir Putin about the war in Ukraine, but only if the Russian leader is serious about ending his invasion of Ukraine. And that has happened yet. Well, that's for sure, And to

be clear, he was clarifying remarks. This came from a joint news conference the Bilateral news conference yesterday with Immanuel McCrone in the East Room of the White House, and the President first said when he was asked if he planned to meet with Pooty said no, I have no plans. And he said, well, let me just clarifying that. He thought for a second. He said, I will meet with him when he's ready to come to the negotiating table.

We've heard this line before. He said, you know, Putin can leave Ukraine whenever he wants, but none of this is happening right now. He said, you know, he'll he'll speak with him if there is an interest in him deciding that he's looking for a way to end the war. And we don't see any effort, certainly ahead of winter of Vladimir Putin to be looking for an off ramp. He has been just uh, just just sending missile after

missile into Ukraine, targeting civilian infrastructure. There were reports today that say he's preparing for another huge barrage this weekend. Now, he had also said that he wouldn't talk with Putin unless Ukraine's leaders were involved in that discussion. So I wondered if that was some sort of pivot, if something had changed, or if he was just clarifying. No, I think it's more clarifying. And Emmanuel McCrone said the same thing as well. You know this, this has been coming

from the White House since the very beginning. Uh, they won't do anything without Ukraine. Ukraine needs to make its own decisions here. We're playing a supporting role in all of this. But there are concerns about what's going to happen, for instance, to spending, to funding the war in Ukraine. As we head into the new year with a new Republican majority in the House. Kevin McCarthy, likely to be

the next speaker, says no more blank checks. And you're hearing from a number of members of the Republican Party, UH, including Marjorie Tayler Green, Matt Gates, some others who say they will not approve one more dollar for Ukraine. So what happens in the next couple of weeks in this lame duck session, we're hearing something in the area of thirty seven billion dollars. That will be the next tronch and then we'll see what happens after that. By the way,

Ukraine is asking for more than weapons. They need generators. Now any there are six million people in Ukraine who have no electricity and it's winter. You said it, alright, the Justice Department's investigation into Donald Trump. Meanwhile, the handling of the White House documents that got a boost. The courts now say that the Trump team isn't entitled to a special master, but there's been a special master working

on that. So now what happens, Well, I guess he's gonna put his pencils down that this is a pretty significant development here in the Justice Department's investigation. It will allow them to now start incorporating all the rest of those documents that may or may not have been personal versus top secret uh in their investigation, and it could clear the way here for an indictment basically at any time if the DOJ decides to do that. That's a big if at the moment. Do you indict a former president?

Do you indict someone who's actively running for re election as president? These are the questions that Attorney General Merrick Garland needs to deal with here. But you know, it was never quite known how far this was gonna go. It was seen as a delay tactic. The the Appeals Court here was was cut and dry in in their writing all three judges uh talking about this just being an extraordinary circumstanced O. J was was correct in seeking a search warrant with probable cause and no need for

a special master. By the way, this came from the special Council that was recently added to this case overseeing the Mara Lago documents case as well as the case to overturn the election and and what happened on January six. So it's a very complex situation right now, and you've got tandem investigations happening in Fulton County, Georgia, the southern

district of New York. You could argue the walls are closing in a bit at mar Lago, and we only have about a minute here, Joe, but there's a big runoff for the Senate and Georgia early voting underway, and you are going to be there. Yeah. We're gonna head down of this weekend to be covering this for Bloomberg News. Will have reports for you Monday, Tuesday, Wednesday here on Bloomberg Radio. This is it. Barack Obama was in town last night stumping for Rafael Warnock. It is time once again,

again and again to make final arguments here. This is like the fourth time Rafael Warnock has done this, remembering he wanted to run off just a couple of years ago. Herschel Walk or the Republican also doing his best to keep this in an incredibly close race. Amy the research we've seen that hasn't met a lot of polling have these two either within a point or within the margin

of error. Despite all of the talk and the scandals and the debates, we're feeling much like we were going into this runoff as we did going into the mid terms. It's anyone's race in this final weekend of campaigning. In twenty seconds, what can you tell me about early voting? Early voting sets a record quite remarkable, and so you know this could skew in favor of Raphael Warnock if we follow historic trends that tend to favor Democrats and

early voting. That's gonna put the burden on Republicans to turn out on Tuesday. And that's where we're gonna begin our coverage next week. All right, thank you, Joe, We'll be listening. Bloomberg Washington correspondent Joe Matthew, host of Sound On with Joe Matthew. You can hear weekday afternoons at five here on Bloomberg Radio. You can read more about all of these stories on Bloomberg dot Com or on the Bloomberg terminal. And a reminder for you follow all

of the latest on Bloomberg Radio in Washington. Bloomberg not nine one and one oh five point seven f m h D two Bloomberg Surveillance with John Keene, Lisa Baramawitz, and Jonathan Farrell coming up next along with Nathan Hager. I'm Amy Morris. This is Bloomberg Markets headlines and breaking news twenty four hours a day at Bloomberg dot Com, the Bloomberg Business apt and at Bloomberg Quicktape. He's a

Bloomberg Business Flash. I'm Nathan Hagar. Stocks a reflecting a cautious mood around the world holding steady after recent sharp gains as Twitter traders await the latest monthly US jobs report for clues on the Fed's next policy steps. We check the markets every fifteen minutes during the trading day on Bloomberg, and futures are starting to move a bit lower now on Wall Street, with SMP futures down four points now, futures down forty eight and nastack futures down

twenty four points ten. Your treasuries down one thirty second yield three point five zero percent, and I make screws down a tenth for center ten cents eighty one dollars fourteen cents a barrel. Comics gold is down to dollar fourteen. Even announced the euro one point zero five three six against the dollar. The n is at one thirty three point eight nine. This red headline just crossed the Bloomberg terminal.

The Chinese Grand Prix of Formula one racing will not take place next year due to the quote ongoing difficulties stemming from the COVID nineteen situation. That from a tweet from Formula one. That's a Bloomberg business flash. And now here's Michael Barr with more on that's going on around the world. Michael Nathan, thank you very much. A federal appeal scored dismissed Donald Trump's lawsuit against the Justice Department

over document sees that as a Mara logo resort. In August, the panel ruled a Florida judges order appointing a special master to review the materials was wrong. The Supreme Court denied President Biden's request to overturn a lower court's ruling blocking is student loan forgiveness program. They did agree to take up the legality of the plan. NFL, the Bills beat the Patriots and a HL Both the Devils and Capitals lost in overtime at the World Cup. Four games today,

including Cameroon against Brazil. Global News twenty four hours a day on and on Bloomberg Quick Take, powered by more than twenty journalists and analysts and more than a hundred twenty countries. Michael Barr and this is Bloomberg. Am all right, thank you, Michael. It is six nineteen on Wall Street Live from the Bloomberg Interactive Broker Studios. This is Bloomberg Daybreak. We now want to bring you more of our exclusive with Credit Sweets chairman Axel Lehman, who sat down this

morning with Bloomberg. Lehman says cash outflows have stopped, and he also discussed the bank's stock price and company operations. He spoke with Bloomberg's Francine Locoix in London. How often do you look at the share price because it's just been going down and down and down, and I imagine that's very difficult on a daily basis to explain to staff. Sure, of course you look at it from time to time,

but you know, actually VR we are. Share price was coming down for quite a while, actually for many many years. We are very much under pressure. When you do a capital increase of four billion and your market cap is ten eleven billion, okay, you know that the share price will go to from four to three maybe even lower. And we are where we are. But there's a rights offer, and actually what happens if a share price goes below that? No, the rights offering is fully underwritten and we are well

under way. You know, we have two tranches. The first tranches is the direct investors, so at one point eight billion that is already done and on our accounts. The second one is ongoing to point two billion and will conclude next thursday. Okay, what happens though? Have you had conversations with investors about at a higher price and where the how unpleasant are those conversations with them? Well, look, of course that's never easy. We have quite a lot

of roughly some ten key investors. They are long time investors. They are not pleased. There are the share prices, of course, but you know They welcome our plan to transform the company. They have a high belief in the credib ability of the new of the management team. So they are standing by, but you know, they are somewhat impatient. They want to see the change. They want to see us executing and exactly that's what we're doing. So what kind of conversations

are you having with them? Are you confident, first of all, at the share price after the rights offer will go up. Look, we are at a point two or so price the book all our peer companies in our sector or of rehovering around book slightly below, slightly off. There's no reason that we cannot catch up and go back to that level. Ably, I cannot predict when that is happening. But the upside

potentious huge how much? But so, what I'm trying to understand, what a lot of people are trying to understand, is that every day there's bad news on criticizes and you see staff leaving, you see investors unpleased. Like how you recapture that narrative? Look, we had no beginning the beginning of the months you had that social media storm and the huge impact on interestingly not on the institutional side.

You know, professional investors understood there was a lot of room spelling, but on the retail and wealth mentioned side, so we reached out. We reached out to eight thousand wells mentioned clients. They are covering roughly eight percent of the assets on the management. We reached out to more than twenty four thousand clients on our core market. So we intensified the dialogue just to make sure they understand where we are and just to make sure we maintain

the contact. That what was the feedback like? So if I'm a new client, if I'm an old client, why would I put a hundred million with all the uncertainty surrounding credits? No, the feedback is quite astonishing. The clients still like us. They continue to do businesses us. So we had basically zero, very few clients really leaving. They might have you know, in light of those rooms. This throw no some some money from us, but I'm confident I have a lot of personal discussions with clients I

know from regional management. Note that money of when we do well will come back at least to a significant part. When do you think the outfalls will stop? The outpost basically have stopped. What we saw is two or three weeks in October womb and since then flattening out. They have stopped its gradually coming back, in particular in Switzerland.

I mean a number of analysts were also talking about, you know, what could happen to critics wiz, So are you evaluating other strategic options given the share price solution and and the market reaction to your announcer, Look, when you step back, we do a capital increase. Now in four working days we will have four billion b c t one ratio of fourteen percent or close to fourteen percent.

That is top quartile in the in the industry. So it's a really strong balance sheet to carry through that transformation. We go. So we execute our plan. But why do you shareholders not if you wise, the share price keep on falling. No, I think the shareholders core shareholders, they believe us and they will exercise also their rights. The share prices falling off course, you know, the rights issues

are traded. The market tries to drive down the price, which is logic, but it's fully under it and will be done. So the volatility on the share price will continue until we are through, you know, the capital increase. Then I think it will somewhat you know, stabilize and probably you know, we just move on from there. So German, no plan? By is there a plan if somebody came today and said, look, I offer you to merge Terans with Francs. Look, as chairman, you need always to consider

all when somebody comes and will do that. Of course you need to take a look. But you know, I tell you when you are there. We are with you know, the historic ly low on the share price. It's a great management team with a plan that is convincing the market and the market you know, our shareholders believe it. It takes time to execute. You know, we can capture we can capture that value and we will do so.

Credits wee chairman actually when speaking with Bloombergs of Francy and Lakwise shairs of Credits trading six point three percent higher. This Bloomberg Bloomberg Day Break brought to you by the Jewish Communal Fund. For fifty years, j c f's donor advised funds have been helping families create charitable legacies. Start now and open a j c F fund before year end. Is that j c F and White dot Org live from the Bloomberg Interactive Brokers Studios. This is Bloomberg day

Break for Friday, December two two. Coming up this hour, investors await the November jobs report and consider what it means for the FETE. The chairman of Credit Sweet says, the bleeding at the Swiss Bank has stopped. Twitter suspends Kanye West once again, and the Justice Department gets a win in the Trump White House document pro the shake up of retirements at the nyp D plus the Supreme Court rule. Here President Biden's student loan forgiveness plan, but

keeps it on hold. I'm Michael bar More Ahead, I'm John Stash. In sports and a f C East battle in New England. Buffalo beat the Patriots, The Devil's lost it overtime, Seaton Hall lost at Kansas. That's all Stread ahead on Bloomberg Daybreak on Bloomberg eleven three, on New York, Bloomberg one, Washington d C, Bloomberg one oh six one, Boston, Bloomberg nine sixties and Francisco Sirius x M one nineteen and around the world on Bloomberg Radio dot Com and

via the Bloomberg Business App. Good Friday morning, I'm Amy Morris, Nathan Hager futures are quiet this morning. We're coming up to six o one on Wall Street. We check the markets every fifteen minutes during the trading day. On Bloomberg, SFP futures are a little changed down futures down eighteen points, DANSE futures down ten ten, Your treasuries down to thirty seconds. The three point five one field on the two year four point one eight percent, Amy Nathan, Let's begin with

the November jobs report. We get the latest figures at eight thirty a m. Wall Street time. Traders are looking to the data for clues on future interest rate hikes. Jennifer Lee, senior economists with BEMO Capital Markets, thinks we'll see some losening in the late brew market. What we want to see is continued moderation in the numbers. And this is the era which you know, I'm trying to writ my head around, is that you know, good and

bad and bad is good. You know, normally we would like to see what most of guys would like to see, good economic data and you know, positive news of the economy, but that of course would mean higher for longer. BEMO just Jennifer Lee does not believe the jobs data will change the fed's upcoming high in December. Stick with us all morning for full coverage of the November jobs report, and we'll break down the numbers with US Labor Secretary Marty Walsh live at am Wall Street time on Bloomberg

Radio and television. Well, stocks in the US, Europe, and Asia are treading water ahead of the job's report. Amy s and p futures are holding onto November's gains, and Morgan Stanley Chief US equity strategist Mike Wilson thinks this bear market rally could be sustained. You have more confident that this rally will continue into December. We think race

will go lower. Pal's commentaries right in line on what we've been saying, which is that they're gonna pause probably in January, and the markets feeding in front of that, and this is a classic fit pause stock market rally. Morgan Stanley's Mike Wilson says traders can play the run up in December, but he advises the average investor to buy bonds and taking a look at oil. This morning, Nathan Crudes headed for its weekly biggest game, or biggest

weekly gain in almost two months. There appeared to be several catalysts, looser COVID curbs in China, calls from the White House to halt crude sales from strategic reserves, and an opeque decision to cut supply by the most since Checking prices now, Nimex crude mostly unchanged down six cents, trading at eighty one dollar sixteen cents per barrel. Brand Crude down one penny, trading at eighties six dollars eighty seven cents per barrel. Okay amy, Let's turn to the

banking sector now, where Credit Swiss is in focus. The chairman Axcel Layman spoke exclusively with Bloomberg News this morning. He says the bank has mostly stemmed the huge outflow of client assets that sent shares to a record low. Doubtful basically have stook soul Is two three weeks in the cober womb and cis then flattening out. They have stopped its gratually coming back and put tickled in Switzerland. Now, shares of credits We's appear to be getting a boost

from our interview with chairman Axel Layman. Right now they're up about five and three quarters per cent in Zurich. Stick with us for more of that exclusive conversation with Bloomberg's Francine Lackwak coming up shortly on Bloomberg Daybreak. And another sign of a slowing economy comes from Goldman Sachs. Traders at the investment bank and see their year end bonuses cut so as to say, executives in the firm's Global markets division were warned this week that their compensation

pool would be slashed. Goldman's annual trading revenue is on track to top twenty five billion dollars. That would be its biggest revenue hall in more than a decade. Let's turn to Twitter now. Amy, the artist formerly known as Kanye West, is once again in trouble after another offensive post on the platform. Bloomberg Steve Rappaport joins US Live with the details. Good morning Steve, Good morning Nathan and Amy. Elon Musk is telling ye to go away, suspending the

rappers account for his latest anti semitic act. West we did an image combining the star of David with a swastika, Musk responding he did his best with West, but Yea once again broke the platform's ruled against incitement of violence. Yea's post wasn't his first Nazi reference of the day in a bizarre interview with conspiracy theorist Alex Jones Yea wearing a full face mask with a Bible by his side, lavish praise on Adolf Hitler as an innovator while ignoring

his massacre of six million Jews. Live in New York. I'm Steve Rappaport, Bloomberg Daybreak. All right, thank you, Steve. Let's turn to politics now, where Donald Trump is back in the news. The former president has lost another court battle, Bloomberg said. Baxter reports the Eleventh Circuit has ruled Trump

has no right to a special master. The ruling gives a major boost to prosecutors, who can now go ahead with their investigation and prosecution if it comes to that the d o j is looking at the documents taken from Marrow Lago to see whether they had the highest level of secrecy or whether Mr Trump engaged in obstruction of justice. The court ruled the law is clear it cannot allow any subject of a search warrant to block

the government investigation. After the execution of the warrant, Trump can ask for a hearing of the full court, and of course can petition the Supreme Court to intervene in San Francisco. I'm at Baxter Bloomberg Daybreak. All right, and thanks. Turning to the latest on China now, the Communist Party's top decision making body is set to convene this month. Economists expect leaders will signal a more pragmatic approach to COVID controls and put more focus on boosting economic growth.

They say Beijing desperately needs more monetary and fiscal stimulus to support a recovery into next year. Let's top corporate news now, turning our focus to the auto industry. General Motor CEO Mary Barra joined Bloomberg Business Week yesterday for an exclusive interview looking ahead to GM's future product portfolio and outlook for autos in the current economy. We'll have the capacity to be able to sell a million units

in North America and frankly in China. We're gonna have the products across the market that are going to allow us to to achieve that metres. GM CEO Mary Barrow made the events on Bloomberg Business Week, heard weekdays at two p m. Wall Street Time on Bloomberg Radio and seen live on YouTube and Bloomberg Quick Take catch the full interview with Mary Barrel on Bloomberg dot Com and a couple of notes on the FED this morning, Amy.

FED Vice Chair for Supervision Michael Barr says the Central Bank could slow the pace of interest rate increases soon. At the same time, he says hikes will not stop anytime soon, and the Federal Reserve Bank of Chicago has appointed Austin Goulsby as its next president. He'll replace the retiring Charles Evans. Straight Ahead, your latest local headlines and a check of sports. This is Bloomberg. Thank you, Nathan.

At six oh seven on Wall Street. Let's bring in Michael Barr with more on what else is going on in New York and around the world. Good morning, Michael, Good morning Amy. The Supreme Court says the Biden administration program to cancel student loans will remain blocked for now, but the justices have agreed to take up the case in late winter. The Court's decision to hear arguments relatively quickly means it is likely to determine whether the widespread

loan cancelations are legal by late June. More than twenty six million people have already applied for the relief. Democratic Senator Raphael Warnock in Republican challenger Herschel Walker are making their final pitch to voters in Georgia ahead of Tuesday's runoff election. Walker at his rally says he is the leader Georgian eats. You deserve a setta who actually lives

in Georgia. Meanwhile, Warnock campaigned in Atlanta. Georgia needs you to do it, Warnata, and along with Warnock former President Barack Obama he's been protecting a woman's right to determine her own destiny. Tuesday's election will designed whether Democrats increase their seats in the US Senate by one to fifty one. And on duty, Yunker's police officer was killed in a traffic accident. It happened yesterday afternoon near the Sprain Brooke

Parkway overpass. Police say a B MW driver traveling the opposite direction lost control, crossed over, and slammed into the unmarked police vehicle and a bus. New York City's transit chief and three other top police officials announced their retirements. It creates turnover in the top ranks of the department, as Mayor Eric Adams tries to focus the department on subway crime, and removing people with mental health issues from city streets. Among those retiring is transit head Jason Wilcox.

The Biden administration's first State Dinner was held last night to honor France's first couple. President Biden turned to history in his toast the French president Emanuel mccron. France was our first dollar, first country to fly the American flag after a revolution. Guests nine on butter, poached main lobster in orange chffon cake with roasted peers. A former coal fired power plan in New Jersey will be imploded today on their Starwood Energy will demolish the former logan generating plant.

Star Would is expected to announce plans for a new clean energy venture on the site Global News twenty four hours a day on air and on Bloomberg Quick Take, powered by more than twenty seven hundred journalist and analysts more than a hundred twenty countries. Michael bar this is Bloomberg Gaming. All right, Thank you, Michael. On Wall Street Time. Now the sports report, brought to you by Try State Audi. Here's John stash Our. Alright, Amy, Jets fans prefs little.

I'm sure who would a route for last night. The Jets sit behind Buffalo in the a f C East, ahead of New England. The Bills one fairly easily in Foxboro to ten. Josh Allen had two first half touchdown passes, and Buffalo is now nine and three. One of the losses was to the Jets. Rematch with them week from Sunday in Buffalo. Before that game, the Jets have what figures will be a tough one this Sunday in Minnesota.

The Vikings of nine and two and a big one for the Giants home for Washington, who's won six of the last seven. Is Brian day ball on the Commanders. They're challenging on both fronts. They don't give up a lot of points. They haven't en up a lot of points here in the last eight weeks six and seven, and I think they played physical style football. Coach for Verry. A lot of respect for him and how he operates um the physical on both sides of the ball. Giants

loss would be their third in a row. It would drop them to last place in the NFC East. Devil's hosted Nashville, New Jersey down to nothing secondary but up three two in the third, ten seconds from victory. The Predators tied the game. Nashville scored early in overtime to win four to three, just the Devil's second loss in the last five weeks. Rangers, who won in Ottawa Wednesday, host the Senators tonight. Nets are home for Toronto College hoops.

Seaton Hall went to Kansas, lost to the defending national champs six five Yukon being Oklahoma State. The Huskies are nine in o at the World Cup. Christian Polistic says his injured pelvis feeling better, hopes to play for the US tomorrow against the Netherlands. Since the US has played nineteen World Cup games versus teams from Europe and has won only once. John Stash Award Bloomberg Sports Team. All right,

thank you, John. Tres are lower s and p down five points, Stout futures down forty five, Nasdaq futures down at twenty four points. Ten year treasury down to thirty seconds, the yield at three point five percent, the two year yield at four point one eight percent. Much more still to come on Bloomberg Daybreak. This is Bloomberg. The Bloomberg Sports Report was brought to you by Audie. Don't let someone else drive off and the Audi model you've always wanted.

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