Business
Wall Street Week 09/01/23
On this edition of Wall Street Week, Peter Borish, Computer Trading Corporation CEO tells us why the cooling labor market doesn’t automatically suggest a Fed pause. Lawrence H. Summers, Former Treasury Secretary says that the August jobs report shows a step down the path to a hard landing. Chris Miller, “Chip War” author discusses who is leading the chipmaking charge. Steve Rattner, Willett Advisors CEO shares why he is concerned about a looming UAW strike and Alexander Colvin, Cornell School of Industrial and Labor Relations Dean discusses why the hand of labor is strong amid numerous summer strikes.
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Gautam Adani has won the dismissal of US fraud charges that threatened his global ambitions. After months of legal maneuvering, a major hurdle is gone, potentially clearing the way for the Indian billionaire to expand in the US.
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Pierre Ferragu, New Street Research global team head of technology infrastructure, says supply chain issues and opposition to data centers in the US do make him nervous about Nvidia’s future. The chipmaker says revenue will grow by about 70% in the next fiscal year. He speaks on “Bloomberg Open Interest.”
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Meghan Robson, head of US credit strategy at BNP Paribas, and Milwood Hobbs, deputy CIO of Oaktree’s Strategic Credit platform, join Scarlet Fu on “Bloomberg Real Yield.”
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Europe’s biggest rivers, including the Rhine and Danube, are drying up after a series of heat waves, disrupting the transport of goods and boosting freight costs. #europe #weather #news #climatechange
Soaring temperatures are curbing power generation at riverside reactors, pushing up energy prices and straining Eastern European economies.
The river disruptions are becoming a test of how quickly the region can adapt infrastructure to a climate where extreme low water is likely to be increasingly common.
Read more: https://www.bloomberg.com/news/articles/2026-08-02/europe-s-key-rivers-are-drying-up-as-extreme-heat-impact-widens?sref=BPgrU5ep
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On the Big Take Asia podcast, K. Oanh Ha and Bloomberg’s Cat Barton unpack North Korea’s surprising rise from pandemic-era hardship to a multibillion-dollar windfall, and discuss how the country’s newfound wealth is reshaping geopolitical alliances in Asia.
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@supermario929
December 30, 2023 at 2:22 am
a lot of the invitees make really superficial comments. Larry and the host are the only ones that say incisive stuff.
@bloodyredvinal
December 30, 2023 at 2:22 am
Larry is right! We are harmed by our economic nationalism. We need to work with countries more with cooperation in our minds. The Brics can definitely become a huge block of countries as diverse as China and Iran on one hand and Saudi Arabia, Brazil and India on the other hand. And looking to potentially compete with us! And many other countries pining to join in! competitive
@sansh7777
December 30, 2023 at 2:22 am
Larry pl Google sharma disposable income formula that has correctly predicted the Stockmarket since 2009
@edmundlively8137
December 30, 2023 at 2:22 am
Our government needs to focus less on exporting our finished commodities and finished products but more onto exporting our labor unions to those countries who have become military threats 😊
@georgegao1202
December 30, 2023 at 2:22 am
Unbelievable no mentioning of the new Huawei Mate60 pro phone release.
@macaw8808
December 30, 2023 at 2:22 am
the description below says "path to a hard landing", while in the show's subtitle it says "path to a soft landing"…is this a edit error?
@cortlandjdmayberryshraderm9619
December 30, 2023 at 2:22 am
It's always a delight to see flashbacks of excerpt of the likes of mr. Lewis RukHauser. It's also always interesting to remember where I was at that time
@stevenhake7500
December 30, 2023 at 2:22 am
We have the most trade agreements and contribute the most to international organizations Larry
@MMAjsf7
December 30, 2023 at 2:22 am
@12:00 that denture whistle
@nacomdt
December 30, 2023 at 2:22 am
Looks like Larry fell down. Take care. He is getting a bit older now.
@user-kk5lb6qf5v
December 30, 2023 at 2:22 am
Great for all
@DinveeZeng
December 30, 2023 at 2:22 am
🎉🎉😊😊😊😊😊😊😊😊😊
@buttlebe
December 30, 2023 at 2:22 am
Larry just can't admit he was wrong all along.
@jakethomas1829
December 30, 2023 at 2:22 am
"It's a damn shame", Summers not mention the revised job #'s.
ZeroHedge shows true downward adjusted each month of '23.
So why, would anyone believe that August will not do the same?
Oh I know, it's Comrad Core eCONomics, or Bribeumnomics…
@christidavis6182
December 30, 2023 at 2:22 am
Wall Street Week
09/01/2023