What’s driving Mike Bloomberg’s surge in the polls?

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Former Mayor Mike Bloomberg speaking with supporters at a campaign rally at Warehouse 215 at Bentley Projects in Phoenix, Arizona. Credit: Gage Skidmore.

Former New York City Mayor Mike Bloomberg has the best shot at beating Donald Trump in a general election, according to a Quinnipiac University poll out Monday. That same poll has him in third place nationally, behind Bernie Sanders and Joe Biden. What’s behind this Bloomberg surge, and how is it resonating in California?