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Harris Distances Herself from Biden, Druckenmiller Says Markets See Trump Win | Bloomberg The Pulse

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With less than three weeks away from the 2024 US election, Vice President Kamala Harris has sought to deflect criticism over the administration’s handling of the border crisis, her stance on transgender rights and her ties to President Joe Biden in a combative interview Wednesday on Fox News. says financial markets are already pricing in victory for Donald Trump. Meanwhile billionaire investor Stan Druckenmiller said markets are pricing in a Donald Trump victory. In corporate news, recovery in chip stocks soothed market nerves as results from TSMC spurred gains across major stock gauges.

Today’s guests: Raffaella Tenconi, ADA Economics; Stefano Venier, Snam CEO; Krzysztof Krawczyk, Zabka Group Chairman

Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:00:58 – TSMC raises 4Q outlook
00:02:44 – Harris courts conservative voters on Fox News
00:07:00 – Raffaella Tenconi, ADA Economics
00:12:12 – ECB decision due today
00:17:46 – EU leaders meeting in Brussels
00:20:34 – EU negotiates gas imports through Ukraine
00:22:41 – Stefano Venier, Snam CEO
00:31:01 – Ukraine’s Zelenskiy addresses EU leaders in Brussels
00:33:56 – Krzysztof Krawczyk, Zabka Group Chairman
00:39:35 – Nestle cuts full-year guidance
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10 Years Later: Wall Street After 9/11

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In this special report from Sept. 10, 2011, Bloomberg’s Erik Schatzker reports on how Wall Street firms Cantor Fitzgerald, Sandler O’Neill & Partners and Keefe, Bruyette & Woods rebuilt following the Sept. 11 attacks on the World Trade Center in New York. The program features interviews with Cantor Fitzgerald CEO Howard Lutnick, the then-CEO of Sandler O’Neill, Jimmy Dunne, and John Duffy, who was CEO of KBW at the time.
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Odd Lots: Why Money Launderers Love $100 Bills

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On this episode of the Odd Lots podcast, journalist Oliver Bullough joins Tracy Alloway and Joe Weisenthal to discuss why criminal enterprises love to launder money in the form of $100 bills and why money laundering resembles Renaissance-era banking.
——–
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People in the Amazon Are Trapped In Vicious Poverty Cycle

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People living in Brazil’s Amazon rainforest are trapped in a vicious cycle of poverty that is fueling deforestation.
Can building sustainable micro-economies stop it? Vanessa Dezem explains https://trib.al/LSNIgYr
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Carney Courts the World’s Top Investors at Toronto Summit

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Bloomberg’s Melissa Shin joins Scarlet Fu on “Bloomberg Deals.” Canada Prime Minister Mark Carney is gathering some of the world’s top investors Monday night and Tuesday as he seeks to attract more investment into the country while reducing its reliance on the US and diversifying its markets.
——–
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Cathie Wood Sets the record straight on Nvidia: Some of Our Funds Still Own It

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Cathie Wood, founder and chief executive officer of ARK Investment Management, shares her views on companies involved in artificial-intelligence including Nvidia Corp. Wood said in a tweet on Monday the world’s most valuable chipmaker is “priced ahead of the curve” after she closed out her Nvidia position in the ARKK fund in early January before the stock more than doubled to the cusp of a $1 trillion market capitalization. Wood speaks with Rebecca Sin and Shery Ahn on “Bloomberg Daybreak: Asia.” (Excerpt)

#bloomberg #technology #nvidia #chips

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