Nouriel Roubini, chairman of Roubini Macro Associates, says the war in Iran has been a disaster for President Donald Trump, but he will most likely need to finish the job.

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Private credit isn’t collapsing, it’s cooling off. That’s according to Richard Farley, Partner at Herbert Smith Freehills Kramer. Farley joined Bloomberg Open Interest to explain why today’s turbulence is a normal cycle after years of hype, how overinvestment is resetting the market, and why AI could become the next real stress test for lenders.
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For over a decade, China has quietly built effectively a monopoly on the critical minerals that power everything from smartphones to fighter jets and the US is now racing to catch up. David Westin speaks with a New Hampshire startup called Phoenix Tailings, where CEO Nick Myers is trying to break China’s chokehold on the supply chain. He also talks with author David Abraham, CFR’s Heidi Crebo-Rediker, and former US Ambassador to China Nicholas Burns about how the US fell so far behind, and whether innovation can help it leapfrog back into the game.
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More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

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Oil surged back above $100 a barrel while stocks and bonds fell after President Donald Trump ordered a blockade of the Strait of …

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SpaceX is eyeing a $1.75 trillion IPO. On today’s Big Take, @EdLudlow and @davidgura discuss the company’s timing, Elon …

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