Former Presidential and NYC Mayoral Candidate Andrew Yang Talks Politics

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Carol Massar 0:00
Hello and welcome. This is The Michelle Hussein Show. I'm Michelle Hussein. I speak with people like Elon Musk. I think I've done enough. And Shonda Rhimes. That's so cute. This will be a place where every weekend you can count on one essential conversation to help make sense of the world. So please join me, listen and subscribe to The Michelle Hussein Show from Bloomberg Weekend, wherever you get your podcasts.
Tim Stenovec 0:27
You certainly ask interesting questions.
Carol Massar 0:32
Bloomberg Audio Studios. Podcasts. Radio. News.
Andrew Yang 0:37
I showed a story with you because I don't know if you noticed, it's supposed to be about 80 degrees here on Sunday.
Tim Stenovec 0:43
Does that mean the mosquitoes are coming back?
Andrew Yang 0:45
I have no idea.
Tim Stenovec 0:46
Last night, it was finally cold enough I could sit outside and like I didn't feel like I would get bitten. But the night before, got bitten.
Andrew Yang 0:53
It's not quite sweater weather, but it's getting close.
Tim Stenovec 0:56
Oh, it's getting close. I mean, it was chilly this morning when I walked the dog. Mr. Autumn Man might make an appearance at some point.
Andrew Yang 1:02
Mr. Autumn Man? Yeah. One of our spotlight stories by our own Brian K. Sullivan, and it's entitled, High Summer Temperatures Hang Over Much of the U.S. Heartland. And it says, A late blast of warm weather is bringing summer-like temperatures to the U.S. Midwest, delaying the transition into heating season in the natural gas market. We are Bloomberg, so we always think about the markets impacted no matter what. Wow. Yeah.
Tim Stenovec 1:44
OK, high pressure dome. It's settled across the center of the country near Chicago. It'll spread eastward through the weekend. The heat sticks around. Homes and businesses will keep air conditioners running longer. Usually at this time of year, energy demand starts to shift from being driven by the need to keep places cool to make sure they're warm enough. But this year is warmer than normal. Readings will slow that transition, as you mentioned, Carol, into heating season, according to a report from Bloomberg NEF. You know, we still have air on at home. Okay, so I was just going to ask you.
Andrew Yang 2:12
But my husband literally goes from air conditioning to heating. And I like to open windows and have like, you know.
Tim Stenovec 2:18
There was a nice couple of weeks in September when we could keep all the windows open. Then toward the end of September into this week, we did air conditioning. But last night and the night before, windows open, everything was nice.
Andrew Yang 2:29
Right? It's just fresh air flowing around. But there are market implications, right? And we certainly see this play. And so we'll keep an eye on this and see what it could mean. The thing that I think is interesting is that the warmer it is, and Brian Sullivan, Kay Sullivan, points this out in the story. He says, a potentially longer-lasting fallout is that the dry air accompanying the rising temps will likely prolong the drought conditions across the eastern U.S. This is according to Oravec. More than 92% of the northeast from Maine to West Virginia is abnormally dry, and several states, including New Hampshire and Vermont, are either completely or nearly covered by drought. That's according to the U.S.
Andrew Yang 3:08
Drought Monitor. So you think about crops, you think about fires, you think about just the implications of
Tim Stenovec 3:14
uh when when land is so dry can i talk about the boeing story is that okay i don't know my dad used to do this when we'd be like dad can i can i he's like i don't know can you i can't may i talk about the boeing story there you go mr stenevec uh this is the most read story in the last hour on the bloomberg terminal we talked about it very briefly but we're getting some more details boeing's uh 777x is slated to fly commercially for the first time in early 2027. instead of next year. Our team, Julie Johnson and Sid Philip, exclusively reporting this. Deutsche Lufthansa, the launch customer for the wide-body aircraft, is already laying the groundwork for a fresh setback. The German airline is not including the 777X in its fleet plans until 2027, said one of the people who asked not to be identified because the matter is confidential.

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