Business
Larry Summers on GDP Growth
Former US Treasury Secretary Lawrence H. Summers breaks down the latest GDP data and why he believes the economy is in an “uncertain state.” He also explains why the Fed should maintain maximum flexibility.
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David Kelly, Chief Global Strategist at JPMorgan Asset Management, joins Scarlet Fu and Tom Keene on “Bloomberg Money.” They discuss how biased information influences investor behavior.
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Craig Stevenson, CEO of Gotham Greens, addressed the ongoing concerns over food safety amid recent recalls linked to salmonella in jalapenos and the widespread Cyclospora outbreak affecting thousands in the U.S. He noted a temporary decline in consumer demand for greens as news of outbreaks circulates, but emphasized that consumer interest in salads remains strong. He speaks with David Gura & Isabelle Lee on “The Close.”
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Peter Beck, Rocket Lab Corp. founder, president and CEO, says the company is pushing hard and intends to launch its Neutron rocket for the first time this year. Beck says investors should not be focused on just the rocket’s first flight. Beck speaks on “Bloomberg Open Interest.”
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Krispy Kreme CEO Josh Charlesworth discusses the company’s ongoing turnaround strategy, highlighting margin improvement and a reduction in leverage. Speaking on “Bloomberg Open Interest,” Charlesworth also discusses the company’s strategy in the current competitive environment.
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Think tanks bring together experts and shape debates in Washington, but how do you measure the value of an idea? From the Aspen Institute to the Heritage Foundation, this episode explores the business of ideas, the billions of dollars behind America’s leading think tanks, and how they measure success.
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@LonganLee
January 27, 2024 at 3:17 pm
Every Economists should be shamed and jailed.
🥳I Challenge the World of Economists this question :
1. Who has ever proven 1 gdp growth rate of Any country in the world in the last century?
Am i right that No Economists has proven Any GDP? GDP is a Belief based on Perception.
DEBUNK me if you have the Truth.
@jetstream3528
January 27, 2024 at 3:17 pm
Is there anybody more ignorant and self serving than larry
@sreckohorvat2298
January 27, 2024 at 3:17 pm
great metaphor Larry. I always look forward to slamming the accelerator on a dark foggy night while driving my Lambo
@TuaTagovailoaTouchdowns
January 27, 2024 at 3:17 pm
Increasingly-high interest rates definitely pour water on the fire o the economy.
@beachboy13600
January 27, 2024 at 3:17 pm
I just cant listen to yanks
@samussamus2501
January 27, 2024 at 3:17 pm
Hi Everybody!
@robertswan1585
January 27, 2024 at 3:17 pm
Given the high inflation, the use of coupons is more widespread than ever and many people rely on them not only for the purchase of food but also for clothing and much more. The transition to the 8112 digital coupon format is imminent. Qples by Fobi is the only platform able to provide physical / digital coupons anywhere in the world redeemable in real time! This is very valuable for the big CPG brands as they allow them to improve their Roi but above all customer loyalty, which has proven to change brands if the situation is advantageous.
McDonalds, burger King and many other brands could use Qples by fobi coupons to increase customer loyalty, Roi and improve their margins. Given the high inflation that has led to the reduction in consumer purchasing power, CPGs are looking for new ways to attract customers. I think the arrival of digital coupons and the transition to 8112 has been accelerated by all of this. The decline in margins and profits that we are witnessing of many tech companies, once considered leaders, confirm the shift of the consumer in search of better opportunities and bargains offered by coupons.
@amgengroup5352
January 27, 2024 at 3:17 pm
I'm a very concentrated investor but sometimes there is value in adding a small new position. It isn't for diversification. Focusing on something new provides a productive distraction from overthinking what you already own. It allows you and your portfolio to breathe a little bit
@danielhutchinson6604
January 27, 2024 at 3:17 pm
Summers appears to hold on to the Colonial idea that all Nations are supposed to be forced to use the Federal Reserve Note.
The Appearance of a BRICS announcement of their Currency, along with a Latin American Currency, excludes the US from control of World Trade Valuation.
The BRICS Wall now appear to pose something that is similar to the Iron Curtain, as another economic force appears to become a source of Food, Minerals and Fossil Fuel.
The US effort to force European Consumers to buy LNG seems to face opposition and the ability of a more reliable provider group seems to challenge the US ability to maintain a GDP that is adequate to cover the Treasury Notes that have been sold over the last 20 years.
The Colonial Powers now face some new currencies and the ability to force the exchange rate that is keyed to the Federal Reserve Note Value, seems to be skating on thin ice?
@mauriciomendonca4178
January 27, 2024 at 3:17 pm
Veio drogado
@diamandidimitrov8643
January 27, 2024 at 3:17 pm
_ ОТ ГОРЕ СЪЩО ИМА ТЕЧ _/
_ КЪМ _/
_________________________/
@valetudo1569
January 27, 2024 at 3:17 pm
Larry Summers talks so slow
@syedarmaghanhassan4652
January 27, 2024 at 3:17 pm
We need 50 basis points please.. our money and salaries have become worthless due to inflation..
@DavidJohnson-dc8lu
January 27, 2024 at 3:17 pm
Dirty growth though, tell the truth growth down to selling weapons to Ukraine. I'm sure 100 tanks would be worth seeing a million cars. America is relying on this war they are escalating to keep them out of recession and grow their economy, just like WW2 did.
@supremeteam1831
January 27, 2024 at 3:17 pm
25 bps is NOT ENOUGH. 50bps is much MORE Efficient in tackling inflation head-on
@VeritasAmantesVocat
January 27, 2024 at 3:17 pm
This guys metaphors suck.
@lesliehatun2044
January 27, 2024 at 3:17 pm
Too many of same people in DEVOS, year after year. Bunch of losers attempting to rule. America is poor in many communities. These so called leaders let debt go all over the world, they give out free money and they just use Americans as slaves to pay their debts, and leave Americans in poverty.
@rraych1132
January 27, 2024 at 3:17 pm
I enjoy listening to Larry Summers very direct and honest commentary. I very much agree that the Fed should not telegraph it’s moves but rather operate with strategic ambiguity in order to deflate the inflationary bubble we find ourselves in. We need sound fiscal policy to keep us from the precipice of a repeat of the stagflationary 70s.
@TheRomanTimesNews
January 27, 2024 at 3:17 pm
🪦
💥 🫧 💥
@jzzzxxx
January 27, 2024 at 3:17 pm
Academic who has no idea what's going on desperately trying to not sound stupid.