The chapter discusses the recent sell-off in bonds and stocks, the rise in oil prices, and the calmness of investors despite these events. The speaker expresses their perplexity at the investor's calmness and compares it to the panic that occurred just six months ago over interest rates. They raise concerns about complacent investor behavior and the lack of anticipation for potential economic weakening or higher interest rates.
Peter Atwater, President of Financial Insyghts, discusses the outlook for earnings and the impact of a possible government shutdown on the business sector. Erik Wasson joins to discuss the latest on a potential shutdown. Steve Case, Chairman and CEO at Revolution, discusses his book Rise of the Rest: How Entrepreneurs in Surprising Places are Building the New American Dream. Paul Hsu, CEO at Decasonic, talks about the mainstream adoption of web3. And we Drive to the Close with Stephanie Pierce, CEO of Dreyfus, Mellon and ETFs at BNY Mellon.
Hosts: Carol Massar and Tim Stenovec Producer: Paul Brennan
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