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Wall Street Week 06/21/2024

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On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary and Wall Street Week contributor says that tariffs should be applied with greater discrimination. Sonal Desai, Franklin Templeton Fixed Income CIO says that the Fed should welcome a slightly cooling US economy. Glenn Hubbard, Columbia Business School Professor of Finance and Economics and Former Council of Economic Advisers Chair proposes a new economic model and Ian Bremmer, Eurasia Group Founder and President talks about Russia’s growing influence in West Africa.
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Why the US and China need Latin America for space #shorts #space #china

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Space could become a new frontier of geopolitical competition as China expands its footprint across Latin America. Michigan Rep. Haley Stevens and CSIS’ Kari Bingen discuss on Wall Street Week https://bloom.bg/49EyXnF

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Jobs Report Will Not Help Fed: Berro

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Kelsey Berro, fixed income portfolio manager at JPMorgan Asset Management, joins Katie Greifeld on “Bloomberg Real Yield.” They discuss Friday’s US jobs report and the path forward for new Fed Chair Kevin Warsh.
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Is the US dollar losing its luster? #shorts #money #wealth #markets

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Economist Ken Rogoff argues that the dollar’s position as the world’s dominant currency is unlikely to disappear overnight, but faces mounting pressures. Watch more on Wall Street Week https://bloom.bg/49EyXnF

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Bitcoin’s Break With Tech Widens as Strategy’s Sale Feeds Rout

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Bitcoin’s selloff extended into Wednesday after Strategy Inc.’s sale of a tiny portion of its massive cryptocurrency stockpile rattled sentiment and widened the token’s divergence from record-setting technology shares.
Jim Ferraioli, Director of Digital Currencies Research and Strategy at Charles Schwab, discusses Bitcoin’s latest moves and Charles Schwab’s report on mining economics and digital asset outlook.
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Pointed News Quiz | AI, Securities Fraud, Movies

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David Gura, Christina Ruffini, and Lisa Mateo of “Bloomberg This Weekend” play Pointed! Wager your points, leverage your bets and answer wisely. A new quiz is available to play each week on Bloomberg.com
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