Business
AI & the Economy | Wall Street Week 07/21/2023
On this edition of Wall Street Week, Kristina Hooper, Invesco Chief Global Market Strategist & Saira Malik, Nuveen CIO discuss the likelihood of a soft landing ahead of the Fed’s closely watched July decision. Dennis Arfa, Artist Group International Founder examines the effect Taylor Swift has had on the music business. Michael McKee, Bloomberg’s International & Economic Policy Correspondent breaks down the impact the Fed’s rate hikes have had on the dollar. Lawrence H. Summers, Former US Treasury Secretary and Steve Rattner, Willett Advisors CEO debate the distributional consequences of AI adoption, and Owen Thomas, Boston Properties CEO explains how office buildings are being repurposed.
00:00 welcome
04:00 cooling inflation
12:00 taylor swift tour
22:00 the dollar
26:00 Larry Summers
#bloomberg #ai #realestate #markets #business
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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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@400persilhector6
January 2, 2024 at 1:02 pm
tts warm red alret..it's killing man
@fred_williams
January 2, 2024 at 1:02 pm
The greater the automated income you can build, the freer you will become. Taking the first step is the hardest, but 5 houses later living off automated income since July 6, 2016. You’ve got to start taking steps to achieve your goal.
@JoStewart-pr9kb
January 2, 2024 at 1:02 pm
For some, short-term investing in floating rates is just a default position as they find that stocks are highly valued everywhere, meaning perfection is often at a premium, which increases the risk for some thoughtful investors. It's not necessarily a matter of timing. For others, it's a way to build a neutral portfolio in a situation filled with uncertainty. Finding a good investment advisor goes a long way in organizing and planning all of this. I recommend Dan Price CFA for his unique understanding of the markets and his analytical approach.
@Yipyo1986
January 2, 2024 at 1:02 pm
Why is half or more of their guests women? is obviously some kind of wokeness push instead of merit
@SierraBlackBelt
January 2, 2024 at 1:02 pm
27k views and ≈330 likes.😬
@cheersmodreams691
January 2, 2024 at 1:02 pm
Speaking of the policy lag of monetary policy, if we assume a 4 to 5 qtr lag, then the impact of the four 75bp rate hikes is only beginning to impact the economy and will continue through the next six months. Given the potential headwinds to the consumer (depleting savings, tightening lending stds, student loan pmts.) the economic challenges appear to be considerable.
@MubashiraMQ
January 2, 2024 at 1:02 pm
ALLAH ﷻ said from the sky, “When I intend to do something then it definitely happens”
BLESSINGS BESTOWED UPON THE BARREN LAND [12-10-2018] Bismillah A-Rahman A-Rahim
Qasim’s dream: I am going towards a big ground where the land is barren and some people ask me ‘’Where am I heading to?’’
I tell them that ‘’I am going to that big ground’’ and some of them also come with me to see that land.
I tell the people that “One day by the mercy of Allah, ﷻ this land will produce grains and fruits,’’ and some of them believe me.
Then I wait there but nothing happens and that land remains barren only.
Then I said to myself in despair that this land is never going to produce anything and I turned my face away.
Then Allah ﷻ said from the sky, “When I intend to do something then it definitely happens” and then the clouds appear in the sky, then something happens and some rain comes down.
By the mercy of Allah ﷻ small plants grow in that barren land that are similar to a fresh crop that grows out of the land.
Those plants are quite small and then a wave comes and those plants grow bigger.
When this happens those people who are standing there also watch this happening in front of them.
Then more waves come and those plants grow even bigger when around 4 to 5 waves come then those plants grow quite big and there are grains and fruits on them too.
Whilst this is happening some of the people who are watching all this also believe in me that whatever Qasim has said is going to come true.
Then another wave arrives and those plants or crops are ready meaning they have fruits on them and then they stand tall on the ground.
People become very surprised that it really happened as I told them and that barren land has started producing grains and fruits now.
Just when the last wave comes then the people open the doors of their cars and prepare to get out of their cars because they feel that the crop is going to be ready now.
Then the people come out of their cars and those who are standing there they also run towards that field and start plucking the fruits, all of them become very happy.
When I saw everything I also became surprised that ‘’How did all this happen?’’
But during all this, those plants remain laid down on the ground and it feels as if it is to prevent the people from entering that field before the crop is ready and to save it from getting damaged.
And then after the last wave the crop or plants are completely ready.
Among the people there are also those who initially believed in me but then changed their minds later on and they are also running towards that field to pluck the fruits and they are very regretful.
Search more about Muhammad Qasim Bin Abdulkarim's Dreams
@ISpitHotFiyaa
January 2, 2024 at 1:02 pm
The problem with commercial real estate is that the lost productivity from WFH is nebulous and possibly nonexistent while the rent that companies are paying on their offices is very real, very quantifiable, and very high.
@SavonPha-eq1kl
January 2, 2024 at 1:02 pm
Economic intelligence and Comsumer information sold separately for mentality purpose.Or be force just to comfirm data.
@SavonPha-eq1kl
January 2, 2024 at 1:02 pm
Goldman Sach has so much nasdaq investment,his corporations could take intrest of Banks.Against Stanley Morgan vs Goldman Sach reinverse-mortage,to sell area revenue to high-land,mid-land and low-land as form of grobel reinverse- mortgages.
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January 2, 2024 at 1:02 pm
these are the wrong people to be speculating about futuristic technology
@michaelmiddleton3311
January 2, 2024 at 1:02 pm
Ah! Mr. Bullet point, Larry summers. I nodded off.
@Guilherme.R.Mendes
January 2, 2024 at 1:02 pm
Great show!
@randyday21
January 2, 2024 at 1:02 pm
don't ever stop giving snippets from Louie. Love the show and you guys do great, but I remember when Louie and Maria were the stars. I get the same kind of feeling when I see old Saturday Night Live episodes with Belushi, Chevy, Garret and the gang.
@kodiakgriz2296
January 2, 2024 at 1:02 pm
Talking wonks on TV also lagging acumen like Inflation data…
@dejabu24
January 2, 2024 at 1:02 pm
17:20 a good one
@NORTHEASTWX5
January 2, 2024 at 1:02 pm
Whale street week M i rite or what
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January 2, 2024 at 1:02 pm
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January 2, 2024 at 1:02 pm
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January 2, 2024 at 1:02 pm
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@user-tq1tu6di3q
January 2, 2024 at 1:02 pm
Гугразия мордокрет гудрафолт ияска. .
@user-tq1tu6di3q
January 2, 2024 at 1:02 pm
Кадраскутка батракунцск балакидка курдкаюк путин блять. .