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US Shutdown Progress Fuels Optimism, TSMC Sees Slowing Monthly Sales | The Opening Trade 11/10

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A group of eight Democrats on Sunday broke with the rest of their party — including Senate Minority Leader Chuck Schumer — to vote with Republicans to advance a bill to re-open the government on the impasse’s 40th day. Democrats entered the shutdown seeking to renew tax credits to stave off insurance premium price hikes.

Taiwan Semiconductor Manufacturing reported slowing growth in monthly revenue, highlighting uncertainty over the sustainability of the AI boom even as industry behemoths including Nvidia chase more chip orders.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Lizzy Burden, Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 – The Opening Trade
00:03:01 – US Shutdown Nears End
00:04:39 – China Inflation Suprise
00:07:41 – Pfizer Wins Metsera Takeover Bid
00:10:10 – Diageo Names New CEO
00:10:37 – Hungarian Exemption on Russian Oil
00:10:57 – BBC’s Tim Davie to Resigns
00:11:28 – Typhoon Wong Hits Philippines
00:16:47 – Senate Advances Plan to End Shutdown
00:25:40 – Delayed US Economic Data
00:30:48 – UK Budget Due End of Month
00:37:32 – Dip Buyers Pounce on US Shutdown
00:47:05 – Stocks to Watch: Novo Nordisk, Autos, JTC
01:03:40 – Novo Nordisk Stock after FTC Concerns
01:06:13 – Permira to Buy JTC
01:13:39 – TCMC Monthly Sales Slow
01:14:50 – China Deflationary Pressures
01:23:27 – Shutdown: 10K Flights Hit
01:32:19 – US Data Week Ahead
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Must Think Of Wealth Transfers Differently: Zentner

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Ellen Zentner, chief economic strategist and global head of thematic and macro investing at Morgan Stanley Wealth Management, joins Scarlet Fu on “Bloomberg Money.” They discuss how wealth managers must adjust to people living longer.
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Inflation Rises, Wealth Transfers, Case For Social Security | Bloomberg Money 9/11/2026

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Bloomberg Money takes the pulse of your financial life, powered by the reporting of our global newsroom. Today’s guests: Centerview Partners Senior Counselor, Council on Foreign Relations President Emeritus, and Former Advisor to Colin Powell & President H.W. Bush Richard Haass and Morgan Stanley Wealth Management Chief Economic Strategist Ellen Zentner.

YouTube Chapters:

00:00 Bloomberg Money opens
02:01 Roundtable: Inflation, Oil & Interest Rates
05:00 Midterms, Affordability & $5,000 Checks
08:01 Stock Market, Retirement & “VOO and Chill”
09:34 Eric Balchunas on Vanguard & Low-Cost Investing
11:28 Richard Haass: America’s Strength at Home
13:26 Richard Haass on U.S. Foreign Policy
14:51 National Debt as a Security Risk
16:03 Rebuilding Trust in Government
18:50 Richard Haass on His Investing Strategy
20:01 Richard Haass on George H.W. Bush & The Big Lebowski
22:39 Kathryn Anne Edwards on Social Security
26:22 Ellen Zentner on Social Security & Retirement
28:42 Ellen Zentner on Longevity & Wealth Planning
30:19 Rethinking Generational Wealth Transfers
31:32 Women & the Coming Wealth Transfer
32:42 Millennials, Markets & Wealth
34:10 Sports Betting vs. Investing
36:08 9/11 Memorial Ceremony
45:25 Final Moment of Silence & 9/11 Remembrance
——–
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Prediction Markets Are Huge Opportunity, DraftKings CEO Says

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DraftKings Inc. Chief Executive Officer Jason Robins says the company has seen growth across all of its products and says prediction markets present a huge opportunity for the business. He speaks to Bloomberg’s Romaine Bostick.
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S&P 500 & NASDAQ Fall as Oil Jumps | Closing Bell

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Comprehensive cross-platform coverage of the U.S. market close on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Greifeld, Carol Massar and Tim Stenovec.
——–
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Will New Covid-19 Mutations Slow the Economic Recovery?

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Recovery from the Covid-19 downturn is expected to speed up in the second half of 2021. But new variants of the virus could be a threat, especially if the momentum from vaccine rollouts slows. Presented by @cmegroup: https://www.cmegroup.com/openmarkets/openmarkets-roundtable/tracking-economic-recovery-through-vaccines.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insights

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Bloomberg Quicktake brings you live global news and original shows spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. To watch complete coverage on Bloomberg Quicktake 24/7, visit http://www.bloomberg.com/qt/live, or watch on Apple TV, Roku, Samsung Smart TV, Fire TV and Android TV on the Bloomberg app.

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