Live on Bloomberg TV

00:00TOM: PROFESSOR FELDMAN ON THE LAW THAT WE WITNESSED LAST NIGHT. WHAT SEPARATES FUNCTIONING DEMOCRACIES FROM FAILED ONCE JUGGLED -- FAILED ON ES? TOM: THERE IS THE LEGAL BALLET OF LAST NIGHT. HOW DOES A MARKET PRO LIKE YOU FOLD IN WHAT WE OBSERVED LAST NIGHT? >> I THINK WE FOLD IT AND IF WE THINK IT IS A POTENTIAL OUTCOME. WE ALWAYS HAVE POTENTIAL OUTCOMES AND PROBABILITIES. YOU LOOK AT THE PROBLEM REALLY IS NOW AND IS PROBABLY ABOUT 75% . MOST MARKET MAKERS WOULD PUT IT AT A 75 PERCENT PROBABILITY THAT MRS. CLINTON WINS THE ELECTION. RIGHT NOW, IT IS UNPLEASANT TO LISTEN TO, BY DON'T THINK THE MARKETS WILL DISCOUNT THIS SUBSTANTIALLY. AS YOU POINTED OUT, WE ARE SEEING THAT IN THE TRADING OF THE MEXICAN PESO. TOM: IF WE LOOK AT THE MEXICAN PESO, WHY ARE WE NOT LOOKING AT THE CANADIAN DOLLAR? BRING IT UP, IF YOU WOULD. THIS IS CANADA WITH THE RALLY OF ANOTHER TRUDEAU. DOWN WE GO, UP WE GO. THEN, THIS RECENT, MASSIVE WEAKNESS IN CANADA, AND WE TURN AGAIN. WHEN DOES THE CANADIAN DOLLAR, LIKE THE MEXICAN PESO BE A PROXY FOR THE ELECTION? >> I THINK IT IS ABOUT IMMIGRATION. IF THERE IS ANY IMMIGRATION, I

No schedule data available.

BTV Channel FinderWatch BTV in your area

The Power Politics of Trump's Vow to Jail Clinton

In today's "Morning Must Read," Bloomberg’s Tom Keene highlights comments from Bloomberg View columnist Noah Feldman on Donald Trump's vow to jail Hillary Clinton if he is elected president. He speaks with Robert Sinche, global strategist at Amherst Pierpont, on "Bloomberg Surveillance." (Source: Bloomberg)