Bloomberg Wall Street Week - August 4th, 2023

Bloomberg Wall Street Week - August 4th, 2023

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Dalio's Warning, AI Arms Race, China Powers Ahead, NYC Tax Standoff

This week, Ray Dalio explains why markets shrug off wars and why this time might be different. And, why are AI executives warning about the dangers of systems they are simultaneously racing to build? Plus, China’s massive investments in energy infrastructure are increasingly shap ...  Show more

High Stakes Summit, New Zealand’s Talent Troubles, Stablecoin Adoption, Sparkling Water Boom

This week, China thinks it's cracked the code on Trump heading into a summit in Beijing. And, what happens when a country's best and brightest travel overseas and stop coming back? Plus, the most useful thing about crypto might be the one nobody's talking about: cheap and fast cr ...  Show more

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Willett Advisors Chairman and CEO Steve Rattner Talks Trump, Inflation
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Steve Rattner, Willett Advisors Chairman & CEO tells us why Wall Street will not react well to a second Trump victory. He also shares his outlook for the US economy in 2024. He speaks with host David Westin, on the latest edition of Bloomberg Wall Street Week.See omnystudio.com/l ...  Show more

Fed Starts to Confront the Next Big Question
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Bloomberg News Economics Reporter Rich Miller and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey talk about how the most important question facing the economy and financial markets next year is not whether the Federal Reserve will cut interest rates. It’s why ...  Show more

US Inflation Ebbs for First Time in Six Months in Relief for Fed
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Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith, Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Bloomberg Economics US economist Stuart Paul discuss the US core consumer price index cooling ...  Show more

$1.9 Trillion in Stimulus is Coming. Will Inflation Follow?
What'd You Miss This Week

This week, Ursual Burns, the former Xerox CEO and first black woman to lead a Fortune 500 company discussed the gap between companies' rhetoric and results on International Women's Day. Tim Duy, SGH Macro Advisors economist, University of Oregon professor, and Bloomberg Opinion C ...  Show more