Wall Street Week

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey.Bloomberg Wall Street Week for October 11th, 2024. A weekly program telling the stories of capitalism from around the world, hosted by Bloomberg's David Westin.See omnystudio.com/listener for privacy information.

Bloomberg Wall Street Week for October 11th, 2024.  A weekly program telling the stories of capitalism from around the world, hosted by Bloomberg's David Westin.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, host David Westin examines stories around the surging demand for artificial intelligence, finding common ground at the Aspen Economic Strategy Group and the business of collecting art. See omnystudio.com/listener for privacy information.

Ohio Senator and Trump running mate JD Vance faced off with Minnesota Governor and Harris VP pick Tim Walz for the first Vice Presidential debate - and possibly the last debate of the 2024 election cycle. The candidates touched on key topics such as foreign policy, climate change, and immigration. Walz opened with sharp criticism toward Donald Trump, noting that many of the former president’s own aides had questioned the Republican presidential candidate’s suitability for office. Vance repeatedly targeted Democratic presidential nominee Kamala Harris, suggesting she should have done more over the past four years to address chaos abroad and a struggling economy. For instant reaction and analysis, Bloomberg Balance of Power co-hosts Joe Mathieu and Kailey Leinz speak with Bloomberg politics contributors Rick Davis and Jeanne Sheehan Zaino. See omnystudio.com/listener for privacy information.

On this weeks edition of Wall Street Week, we tell a story of the prudence PNC uses in its approach to banking and serving the Pittsburgh community. We hear from PNC CEO Bill Demchak and Pittsburgh Steelers owner Art Rooney II. Caring for pets has turned into a business of companionship. We speak to Zoetis CEO Kristin Peck about innovation in pharmaceuticals for animals. Aspen Institute President Daniel Porterfield and Arizona State University President Michael Crow tell us what can be done to increase economic opportunity in the US.See omnystudio.com/listener for privacy information.

Bloomberg Wall Street Week with David Westin, NEW Edition for Friday September 20th, 2024See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's decision to cut rates 50-basis-points on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information.

Bloomberg’s Tom Keene, Jonathan Ferro and Lisa Abramowicz break down the Federal Reserve’s decision to cut rates 50-basis-points on a special edition of Bloomberg SurveillanceSee omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Centerview Partners co-founder Blair Effron tells us how Wall Street sees Vice President Harris and former President Trump's economic policies. Activate Founder Michael Wolf says that the rise of legalized sports betting stands to transform the way media companies monetize the NFL season. Rockefeller International Chairman Ruchir Sharma says that the housing affordability challenge in the US began well before the Great Financial Crisis, and Basilinna Chair & CEO Deborah Lehr says that trade is no longer used as a tool to open up economies.See omnystudio.com/listener for privacy information.

Democrat Kamala Harris and Republican Donald Trump sparred through their first debate, with the former president often on the defensive over abortion rights, the January 6 insurrection and on foreign policy. The debate also saw Harris draw from her past as a prosecutor, while peppering in lines that appeared designed to needle Trump, including taunting the size of his rally crowds. For instant reaction and analysis, Bloomberg Balance of Power co-hosts Joe Mathieu and Kailey Leinz speak with Bloomberg politics contributors Rick Davis and Jeanne Sheehan Zaino, plus hear live reaction from Philadelphia with Bloomberg Big Take host David Gura. See omnystudio.com/listener for privacy information.

When a team of video game developers notice that their files have been moved, they find themselves in a race against time to save the company from ransomware. Adam Marrè, CISO at Arctic Wolf, explains how this cyberattack traced back to a single phishing email and unpacks the ramifications for gaming companies. Then David Adrian from Chrome lays out how leaders can use unphishable authentication methods to protect their teams. This episode is sponsored by Chrome Enterprise.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, former US Treasury Secretary Lawrence H. Summers criticizes the idea of a US sovereign wealth fund. Former IBM chairman and CEO Sam Palmisano explains how Intel fell behind on the technology that it once dominated. RXR CEO Scott Rechler tells us how commercial real estate is bracing for a rates environment that might be higher forever, and Ford Foundation President Darren Walker talks about his legacy at the Ford Foundation. See omnystudio.com/listener for privacy information.

On this special edition of Wall Street Week, we take a look back at the first half of 2024 with former Treasury secretary Robert Rubin, Centerview Partners co-founder Blair Effron, San Francisco Fed President Mary Daly, Hoover Institution Senior Fellow Niall Ferguson, and Apollo Global Management CEO Marc Rowan. See omnystudio.com/listener for privacy information.

In a special edition of Bloomberg Technology, host Ed Ludlow speaks with Nvidia CEO Jensen Huang to discuss the company's latest quarterly report that fell short of investor's lofty expectations.See omnystudio.com/listener for privacy information.

Nvidia, the chipmaker at the heart of the artificial intelligence boom, gave a revenue forecast that fell short of some of the most optimistic estimates, stoking concerns that its explosive growth is waning. Bloomberg Businessweek hosts Carol Massar and Tim Stenovec talk with Bloomberg Technology co-host Ed Ludlow and Bloomberg Intelligence Senior Semiconductor Analyst Kunjan Sobhani for instant reaction and analysis for Nvidia's earnings results. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Former US Treasury Secretary Lawrence H. Summers says that the Fed has recovered after making an egregious mistake on inflation. Key Square Capital CEO Scott Bessent says that US markets now resemble emerging markets. Cato Institute Technology Policy Senior Fellow Jennifer Huddleston makes the case for Google's search dominance. Citi US Equity Strategist Scott Chronert outlines the tail risks facing US equities. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Goldman Sachs chief economist Jan Hatzius tells us why he thinks the odds of a recession are likely to come down. Yale Law School professor Zachary Liscow distinguishes between infrastructure investment and manufacturing capacity in the US. PGIM Fixed Income Co-CIO Gregory Peters thinks that fixed income ETFs have more room to grow. HANG Media co-founder and CEO Jon Klein tells us why traditional media players are losing out to big tech players entering the space. Citi Wealth at Work's head Kristen Bitterly tells us why she thinks the labor market is cooling rather than contracting.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Former US Treasury Secretary Lawrence H. Summers says that the SEC and exchanges should look into the surge in the VIX. DWS Americas CIO David Bianco says that the spike in volatility is evidence of investors overreacting. Harvard professor of economics Greg Mankiw says that the US is leaving the next generation a negative bequest. WestExec Advisors co-founder Michèle Flournoy says that there is already an AI arms race underway, and SandboxAQ CEO Jack Hidary explains why the larger economy needs large quantitative artificial intelligence models.See omnystudio.com/listener for privacy information.

Global stock markets tumbled as concerns about a US economic slowdown intensified. Traders ramped up bets that the Federal Reserve will step in with an emergency interest rate cut. For instant reaction to this selloff, and how Fed officials will respond, Bloomberg's Nathan Hager speaks with Veronica Clark, US Economist at Citigroup.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Bloomberg International Economic and Policy Correspondent Michael McKee tells us whether there are harbingers of a recession in the recent jobs report. US Ambassador to Japan Rahm Emanuel gives us Asia's perspective on the US presidential election. Former House Speaker Kevin McCarthy gives former President Trump and Vice President Harris advice on their campaigns and policy proposals. MIT professor of economics Kristin Forbes tells us why central banks should be reconsidering their policy approaches, and former World Bank President Robert Zoellick has advice for Vice President Harris to establish her presidential image.See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Lisa Abramowicz and Jonathan Ferro cover the latest remarks from Federal Reserve Chair Jay Powell, following the central bank's latest policy decision.See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Lisa Abramowicz, and Jonathan Ferro cover the Federal Reserve's latest policy decision. See omnystudio.com/listener for privacy information.

Hamas says Israel killed its political leader, Ismail Haniyeh, in an airstrike on Iran’s capital, putting the Middle East even further on edge. Bloomberg's Nathan Hager and Joumanna Bercetche break down the details.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Computer Trading Chairman and CEO Peter Borish talks about the recent strength in small caps. Former US Treasury Secretary Lawrence H. Summers compares VP Harris's economic policies with former President Trump's. Goldman Sachs Wealth Management CIO Sharmin Mossavar-Rahmani tells us why US preeminence is intact. PGIM CEO David Hunt distinguishes between risk and volatility, and BXP Chairman and CEO Owen Thomas talks about the importance of premium office space in the commercial real estate recovery. See omnystudio.com/listener for privacy information.

Bloomberg’s Tom Keene, David Gura and Joe Mathieu break down the latest news from Washington.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Bank of America Chairman and CEO Brian Moynihan says he wants clear and consistent banking regulations. Former Federal Reserve Governor Daniel Tarullo tells us why we might not see final Basel III rules by the end of 2024. Willett Advisors Chairman and CEO Steve Rattner tells us why the "Trump trade" is gaining momentum. UC Berkeley Haas School of Business Professor Laura Tyson defines the threshold for productivity from generative AI, and Rep. French Hill of Arkansas tells us how Trump 2.0 will be different from the first term. See omnystudio.com/listener for privacy information.

Former President Donald Trump said he was shot in the right ear after gunfire erupted at his political rally in Butler, Pennsylvania. We get instant reaction with Bloomberg's Amy Morris. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Key Square Capital CEO Scott Bessent says that the Fed hasn't been very independent under President Biden. Columbia Law School Professor Kathryn Judge tells us how the Supreme Court's Chevron reversal could affect bank regulations. Former British Ambassador to the US Sir Peter Westmacott looks at the Labour Party's economic challenges. Equity Group Investments President Mark Sotir picks up the baton from the late Sam Zell, and Aspen Economic Strategy Group Director Melissa Kearney talks about fostering dynamism in the US economy. See omnystudio.com/listener for privacy information.

Listen to the 'Here's Why' podcast: - on Apple: https://apple.co/3Lg3RGn - on Spotify: https://spoti.fi/3LiIX9q - or Anywhere: https://bit.ly/3xYsHHy. Each episode of 'Here's Why' uses experts at Bloomberg to explain one news story in just a few minutes.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Stephanie Flanders, Bloomberg News Head of Economics and Government explains why the US labor market shows signs of weakening under the surface. Kenneth Jacobs, Lazard Executive Chairman tells us why the Supreme Court's reversal of the Chevron doctrine is not necessarily a pro-business decision, and Peter Georgescu, Young & Rubicam Chairman Emeritus recounts his journey from communist Romania to the US and reflects on 70 years as an American. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Christopher Ailman, CalSTRS CIO weighs in on the focus and growth potential of the AI rally. Raymond McGuire, Lazard President tells us what he identifies as the key drivers for investment in the coming years. Mary Lovely, Peterson Institute for International Economics Senior Fellow takes us through what to expect from China's highly-anticipated Third Plenum and Roger Altman, Evercore Founder & Senior Chairman tells us how voters and the business community are sizing up President Biden and Donald Trump's economic track records. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary and Wall Street Week contributor says that tariffs should be applied with greater discrimination. Sonal Desai, Franklin Templeton Fixed Income CIO says that the Fed should welcome a slightly cooling US economy. Glenn Hubbard, Columbia Business School Professor of Finance and Economics and Former Council of Economic Advisers Chair proposes a new economic model and Ian Bremmer, Eurasia Group Founder and President talks about Russia's growing influence in West Africa. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary and Wall Street Week contributor tells us why Donald Trump's economic proposals are the most inflationary plans he has seen. Stephanie Flanders, Bloomberg News Head of Economics and Government talks about stability in Europe. Ruchir Sharma, Rockefeller International Chairman and Author of "What Went Wrong With Capitalism" tells us why he thinks government intervention has gone too far and Ronald Olson, Berkshire Hathaway director talks about the future of Berkshire Hathaway.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Sarah Ketterer, Causeway Capital CEO tells us why higher rates have a sobering effect on markets. Ralph Schlosstein, Evercore Chairman Emeritus says we are in a period of returning deal activity. Raghuram Rajan, Former Reserve Bank of India Governor and Chicago Booth School Professor of Finance explains what's next for India after Narendra Modi's narrow victory and Jim Farley, Ford CEO, Mike Duggan, Detroit Mayor and Bloomberg's Michael Barr look at Detroit's proud history, its decline, and comeback. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Glenn August, Oak Hill Investors Founder & CEO tells us about the risks in private credit and how the economy is still benefiting from the stimulus post-covid. Jennifer Huddleston, Cato Institute Senior Fellow in Technology Policy tells us about the legal battle over TikTok and Niall Ferguson, Hoover Institution Senior Fellow talks about the ramifications of a shrinking global population. See omnystudio.com/listener for privacy information.

Is cryptocurrency the next logical evolution of the monetary system? To explore whether we’re at an inflection point, we’ll look back at moments in the history of money when how we paid for things and stored value long-term changed for the better. This episode is sponsored by Coinbase.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Scott Chronert, Citi US Equity Strategist explains why he sees the breadth of the market broadening out. Henry McVey, KKR Head of Global Macro, Balance Sheet, and Risk Team and CIO of KKR Balance Sheet sees domestic investment opportunities in China. Christine Todd Whitman, Former New Jersey Governor, EPA Administrator and States United Democracy Center Co-Founder and Co-Chair explains just how much power data centers demand and what we can do to avert the economic and environmental issues they might cause and Paul Krugman, Nobel Laureate in Economics and Distinguished Professor at City University of NY Graduate Center says that a second Trump administration could be very different from the first. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Rick Rieder, BlackRock Global Chief Investment Officer of Fixed Income and Head of the Global Allocation Team takes a contrarian view on how the Fed should tame inflation. Elizabeth Krear, J.D. Power Vice President, Electric Vehicle Practice tells us what tariffs on EVs from China could mean for US consumers. Paul J. Taubman, PJT Partners Founder, Chairman and CEO says the US government's view of antitrust is having a chilling effect on deals. Hosted by David Westin.See omnystudio.com/listener for privacy information.

We’re taking The Big Take to Asia. Each week, Bloomberg’s Oanh Ha tells a story from the home of the world's most dynamic economies - and the markets, tycoons and businesses that drive the ever-shifting region. See omnystudio.com/listener for privacy information.

On this special edition of Wall Street Week from the Milken Institute Global Conference in Beverly Hills, Marc Rowan, Apollo Global Management CEO says that trustees at universities and colleges have been asleep at the wheel. Karen Karniol-Tambour, Bridgewater Co-CIO says the genesis of industrial policy is geopolitics. Steven Mnuchin, Former US Treasury Secretary and Liberty Strategic Capital Founder says he is still interested in buying TikTok, with or without its algorithms. Paul Ryan, Former Speaker of the House and Teneo Vice Chairman says the next president might face a debt crisis, and Barry Sternlicht, Starwood Chairman & CEO thinks a lack of schools is hampering Miami's growth. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary; Wall Street Week contributor says the Fed is too confident about the restrictiveness of its policy. David Bianco, DWS Americas CIO tells us that earnings were encouraging and explains why utilities are attractive. Joshua Easterly, Sixth Street Co-Founding Partner, Co-President and Co-CIO looks at the fundamentals of private credit and professional sports, and Afsaneh Beschloss, RockCreek Founder and CEO tells us what US dominance means for emerging market investments. See omnystudio.com/listener for privacy information.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Peter Borish, Computer Trading Chairman & CEO looks at inflation through the "7Cs" of commodities. Stephanie Flanders, Bloomberg News Head of Economics and Government looks at how Europe fares in a global subsidy race. Wes Edens, Fortress Investment Group Co-Founder and Brightline Founder says that Brightline West could signal the start of the high-speed rail industry. Clive Gillinson, Carnegie Hall Executive & Artistic Director and Tony James, Metropolitan Museum of Art Board of Trustees Co-Chair talk about the evolution in the business of fine arts institutions in New York. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Centerview Partners Senior Counselor Richard Haass tells investors to fasten their seatbelts in dealing with geopolitics. PGIM Real Estate Co-CEO Cathy Marcus says that doom and gloom around commercial real estate is overblown. Willett Advisors Chairman and CEO Steve Rattner looks at why US automakers approached electric vehicles with so much exuberance, and Aperture Investors Chairman and CEO Peter Kraus sees opportunities to buy even amid high valuations.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, former World Bank President Robert Zoellick cautions against nostalgic support for manufacturing jobs in a changing economy, former Bank of America Vice Chair Anne Finucane makes the distinction between ESG and ESG funds. Former IBM chairman and CEO Sam Palmisano says that AI might move faster than the government can keep up. Rockefeller International Chairman Ruchir Sharma outlines the bargain Indian voters are making for economic growth, and Citi Global Wealth Head of Investment Solutions Kristen Bitterly says that even with a strong labor market, the Fed's attention is on inflation. See omnystudio.com/listener for privacy information.

Former Treasury Secretary Lawrence Summers said that the hot US consumer price inflation report for March means that the risk case of the next Federal Reserve move to be an increase must be taken seriously. “You have to take seriously the possibility that the next rate move will be upwards rather than downwards,” Summers said on Bloomberg Television’s Wall Street Week with David Westin. He indicated that such a likelihood is somewhere in the 15% to 25% range.See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Ray Dalio, Bridgewater Associates Founder & CIO Mentor revisits lessons he's learned from taking a strong and incorrect stance on a debt default cycle in 1982. Lawrence H. Summers, Former US Treasury Secretary & Wall Street Week contributor thinks that the latest jobs data suggest a reacceleration in the US economy and Sonal Desai, Franklin Templeton Fixed Income CIO tells us that markets are going to remain volatile. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Larry Fink, BlackRock Chairman & CEO on why he sees a retirement crisis in the US. Glenn Hubbard, Columbia University Professor of Finance compares President Biden and Trump's industrial policies. Gillian Tett, Financial Times editorial board member tells us why investors are failing to account for geopolitical risk, Joshua Bolten, Business Roundtable CEO on what CEOs are looking for in the next president and Melissa Kearney, University of Maryland Professor of Economics makes the case for standardized tests in college admissions. See omnystudio.com/listener for privacy information.

On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary & Wall Street Week contributor criticizes the Fed's "itchy fingers" on cutting rates. Kristin Roth DeClark, Barclays Global Head of Technology Investment Banking tells us why she is seeing a comeback in technology IPOs. Christopher Harvey, Wells Fargo Head of Equity Strategy tells us how the markets interpreted what came out of the Fed earlier this week, Brian Deese, MIT Innovation Fellow and Former National Economic Council Director tells us why US automakers are at risk of falling behind in the global EV race. Deese also tells us that the upcoming presidential election should be decided on the candidates' policy views. See omnystudio.com/listener for privacy information.

Shares of Reddit started trading today, after an IPO that valued the company near the top of its marketed range. Carol Massar, Tim Stenovec and Bloomberg's team of reporters discuss the IPO and the path ahead for Reddit.See omnystudio.com/listener for privacy information.