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Wall Street Week 12/08/2023

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On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary tells us why we shouldn’t read too much into the strong jobs data. Erin Browne, PIMCO Multi-Asset Strategies Portfolio Manager tells us why jobs data is quelling recessionary fears. Vimal Kapur, Honeywell CEO, outlines his plans to grow the company with his first big acquisition, and Bob Diamond, Atlas Merchant CEO explains why bank CEOs expressed concern over Basel III rules at the Senate Banking Committee’s Wall Street oversight hearing.
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16 Comments

16 Comments

  1. @Smart_Investing

    December 11, 2023 at 3:18 am

    Banks Crisis 2024!

  2. @Laborkei

    December 11, 2023 at 3:18 am

    Larry does not look well ?

  3. @edmundlively8137

    December 11, 2023 at 3:18 am

    Tread carefully and carry a big wad of cash! 😊

  4. @fastfix7427

    December 11, 2023 at 3:18 am

    Jallo

  5. @drmohseni-mm3we

    December 11, 2023 at 3:18 am

    great analysis👋

  6. @joec8942

    December 11, 2023 at 3:18 am

    Wow! Larry almost said it’s complete BS to call criticism of isreal anti semitic. Big step for you Larry! Proud of your almost moment.

  7. @Guilherme.R.Mendes

    December 11, 2023 at 3:18 am

    Great Show!

  8. @juilanlou3720

    December 11, 2023 at 3:18 am

    Please not to believe CCP would follow, or care about Climate’s CHANGE. The empty triple talks are laughable.

  9. @chadgibson5708

    December 11, 2023 at 3:18 am

    Larry Summers is ALWAYS wrong. Interest rate cuts need to happen ASAP to save the housing market and all the construction jobs associated with it.

  10. @PINHEAD-gf4jl

    December 11, 2023 at 3:18 am

    E R I CCCCCcccccCCCc

  11. @PINHEAD-gf4jl

    December 11, 2023 at 3:18 am

    OPEC+ I PLAY A GAME OF GETTING NEWS REPORTES, DO DOOO SHIYT. I LIKE TO SMOKE SHYT. I KNOW PEOPLE WHO SMOKE METH. I DONT KNOW WHAT TIME IT IS. OLYPMICS? OPEC FOREVRR!!!!!!!

  12. @tommay7735

    December 11, 2023 at 3:18 am

    Love Kerry, taking his private jets to tell the rest of us we need to get rid of our cars and eat bugs? Along with the hundreds other private jets. Fact is under Biden fossil fuels use is skyrocketing. Add in all the pollution from the wars no taking place under his lack of leadership. All three Presidents need to go, genocide has no place in America! Interesting only woke genocidal, speech is allowed, by these Presidents. LOL, not much discussion because the woke liberals scream it down.

  13. @christidavis6182

    December 11, 2023 at 3:18 am

    Wall Street Week
    12/08/2023

  14. @ronaldmcdonald3965

    December 11, 2023 at 3:18 am

    "It's difficult work"
    And I haven't always gotten it right
    Darn, you're right. You haven't gotten it right
    US Education needs major reform

  15. @michaelking6895

    December 11, 2023 at 3:18 am

    No it’s not You Have to Add 9Million illegal immigrants to that equation then GIVE US THE RIGHT NUMBERS 💯

  16. @didiermuhire9717

    December 11, 2023 at 3:18 am

    End, have them? What do you mean ? 🤔…that 💀? D.

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Trump making “major mistake” with Nvidia chips to China, says Burns #shorts #china #nvidia #ai

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Former US Ambassador to China Nicholas Burns tells David Gura President Trump is “making a major mistake” by allowing Nvidia to sell its products to one of the US’s biggest rivals, China https://bloom.bg/3SQPXSd

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McCaul Pushes Patriot Production in Ukraine

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Rep. Michael McCaul says Ukraine is gaining momentum on the battlefield but urgently needs more Patriot interceptors and stronger air defenses to counter Russia’s escalating missile attacks. He urges deeper US-Ukraine defense cooperation, including licensed Patriot production and joint drone development, while arguing sustained military pressure offers the best path to negotiations with Russia.
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Nasdaq 100 Fluctuates Amid Geopolitical Tensions | The Close 7/8/2026

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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today’s guests are Nuveen Head of Fixed Income Strategy Tony Rodriguez, State Street Global Head of Gold Strategy Aakash Doshi, Coresight Research Founder & CEO Deborah Weinswig, Principal Venture Partners Founder & Managing Partner Songyee Yoon, Alphasimplex Chief Research Strategist Katy Kaminski, Principal Asset Management Chief Investment Officer & Global Head of Equities George Maris, Morgan Stanley Equity Research Managing Director Alex Straton, MNTN CEO Mark Douglas, & Former HUD Sectretary Henry Cisneros.

Chapters:
00:00:00 Bloomberg The Close
00:01:12 Fed Minutes, Inflation Fears & Rising Treasury Yields
00:03:26 Nuveen on Bonds, Inflation & AI Debt Issuance
00:10:14 State Street on Gold, Geopolitics & the Fed
00:16:21 Top Calls
00:17:40 Levi’s Earnings Preview: Beyond Denim Growth Strategy
00:23:22 AI Infrastructure: Are Hyperscalers Overspending?
00:30:53 Stock of the Hour: Alibaba’s AI & Cloud Comeback
00:36:39 AlphaSimplex on Volatility, Oil & Inflation Risks
00:43:13 Closing Bell
00:46:35 Energy Stocks Rally While Airlines & Travel Sink
00:54:21 Post-Close: Tech Volatility and AI Leadership
00:56:30 Principal Asset Management on Navigating Market Volatility
01:02:05 Levi’s Earnings Beat: Guidance Raised
01:02:35 Morgan Stanley’s Retail Outlook for Earnings Season
01:08:28 Meta’s Cloud Ambitions & AI Infrastructure Debate
01:20:27 Toyota Expands U.S. Manufacturing in Texas
01:28:26 What to Watch
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Jersey City Shadowed by 15% Tax Hike as Boomtown Faces Reckoning

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Bloomberg’s Nic Querolo joins Katie Greifeld on “Bloomberg Real Yield.” After decades of drawing in tens of thousands of new residents as gleaming apartment towers rose near the Hudson River waterfront across from Manhattan, Jersey City has suddenly found itself teetering on the financial brink.
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Bruce Richards: Only SpaceX can build data centers in space

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“The next for them will obviously be data centers in space… And there’s only one company in the world that can pull that off, SpaceX,” says Marathon Asset Management CEO Bruce Richards.

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