Business
SVB Collapse | Bloomberg Surveillance 03/10/2023
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
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Bloomberg’s Boston Bureau Chief Brooke Sutherland says Maine Democrats are racing to choose a new Senate nominee after Graham Platner withdrew, leaving the party with little time to unify behind a replacement in a race viewed as critical to control of the Senate. She says party leaders face pressure over the candidate vetting process as delegates prepare to select a nominee from a crowded field ahead of the filing deadline.
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Martha Gimbel, executive director and cofounder of the Budget Lab at Yale University, says artificial intelligence is unlikely to offset the economic challenges of an aging population, arguing the US is confronting two major transitions at the same time rather than one solving the other. She says AI could improve productivity in some areas, particularly by helping caregivers with physically demanding tasks, but questions whether consumers will embrace automation in roles where human interaction remains essential.
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“We believe Mexico is a really important milestone for our great brand as we continue to lean into our global strategy. It’s an important country for us, we recognize and admire the culinary heritage that is a part of the Mexican culture,” says Chipotle Mexican Grill CEO Scott Boatwright on the chain’s global expansion https://bloom.bg/4wKJnvc
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Delta Air Lines Chief Executive Officer Ed Bastian says higher fuel prices are not deterring travel. He says the carrier is actually seeing strong demand for premium, corporate and international travel. He also talks about how some customers are choosing a better seat on the plane over perks they could get in first class. He speaks to Bloomberg’s Lisa Abramowicz at Delta headquarters in Hapeville, Georgia on “Bloomberg Surveillance.”
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After SpaceX’s record-setting IPO, some investors like Danish pension fund AkademikerPension have already rejected the stock over what they call “catastrophic governance,” turning SpaceX into a test case for how much control public markets are willing to give founders https://bloom.bg/3EMZYZX
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@lungkinshunsharon8K
December 31, 2023 at 12:29 pm
女皇帝是lung kin shun sharon自己的708萬億USD投資銀行股票市場的現金收入2023.1.7-2023.4.23.龍敦林育羽林似霑林秦兆合作管理層
@edmundlively8137
December 31, 2023 at 12:29 pm
Priya is correct we do need 6.5% in order to collapse the Russian oil market and detonate some of the dinosaur banks that have just gone on too long
@joebianco93
December 31, 2023 at 12:29 pm
TK: "Let's start with Silicon Valley Bank… Jon, I know you have a Christmas account there."
🤣😆
@johnkelley5560
December 31, 2023 at 12:29 pm
Lisa is a shining star. Unfortunately, due to the hyper partisan prism of Tom, I haven’t viewed Bloomberg for years. I regret missing the rise of Lisa and her Econ smarts. She and Sarah Eisen of CNBC are the cream of the crop on days like today for their insights and the questions that beg to be asked.
@johnnyholmes1884
December 31, 2023 at 12:29 pm
Yeah, here is chief scumbag go F yourself and your scumbag J ews who own you!
@gcorpstrategies8290
December 31, 2023 at 12:29 pm
holy crap….tom just talks in circles….stop pumping. Are you and jim cramer bros?
@willl7780
December 31, 2023 at 12:29 pm
big banks are resilient people….dont panic lol
@willl7780
December 31, 2023 at 12:29 pm
a bank thats so bad they go under while right in the middle of the so called greatest economy of any state….this is a joke…
@willl7780
December 31, 2023 at 12:29 pm
how are you blaming this on the region lol….
@andrewvare3173
December 31, 2023 at 12:29 pm
SVB is indeed a VC bank. The virtuous cycle of investment in startups, then the liberation of funds at IPO, is both the source of their success and the source of their issues.
@adithadith572
December 31, 2023 at 12:29 pm
Since Biden took office USA market crash 💥 why ? Trump 0 interest economic boom now all the Fed people now keep increasing rate and market crash 💥
@joegotyoutuification
December 31, 2023 at 12:29 pm
I wish I know how to operate a bank and buy this bank….so I can fix a bank to be profitable 😂
@TedfordKnives
December 31, 2023 at 12:29 pm
Tom's Hubris is almost as agregious as his constant passive aggressive throat clearing
@giniaa2707
December 31, 2023 at 12:29 pm
2019 banks were deregulated by the then administration from stringent rules that would have helped prevent the Silicon Valley Bank crash.
@TedfordKnives
December 31, 2023 at 12:29 pm
You're right. It's not 2008, its worse.
@netstarr7758
December 31, 2023 at 12:29 pm
Who cares now ? The run has started on normal banks because they are all swimming naked. 💥
@lovejetfuel4071
December 31, 2023 at 12:29 pm
All these ''experts'' can say this and that, but one question that has not been answered is what's brewing in the dark American underbelly that is causing this?
@DeadLegendMusic
December 31, 2023 at 12:29 pm
This channel is a mouthpiece for the Biden administration. Yellin and Powell , " Two good people to have"!? What a load of crap! Channel blocked!
@docdoc7496
December 31, 2023 at 12:29 pm
"The BRICS members are sharing a bottle of wine as sanctions back fired "
More banks are still going to collapse as more people will withdraw their assets from banks and nothing Left with banks.
Swift action is required now
@jessicarobinson4563
December 31, 2023 at 12:29 pm
I’m looking at my money in my account like yeaaaaa you might be going in the mattress soon 😂
@jman4real871
December 31, 2023 at 12:29 pm
Wait…….it might be idiosyncratic!
@messaoudsellidj1062
December 31, 2023 at 12:29 pm
Many USA banks will collapse!!!!
@bikeandsee1647
December 31, 2023 at 12:29 pm
BIDEN, STOP YOUR STUPID WAR !
@boonwolf9266
December 31, 2023 at 12:29 pm
This didn't age well since big banks are failing just 2 days later
@aidenfisher5679
December 31, 2023 at 12:29 pm
U can't bailout ppl. They won't b held accountable for their bad management.