The hosts discuss the recent fluctuations in rates and their impact on consumption spending. They also delve into insights from a senior global market strategist who predicts weakness in equities for the rest of the year. The chapter explores the effects of higher interest rates on equity, growth, and consumer spending.
Bloomberg News Real Economy Team Reporter Mark Niquette discusses his conversations with UAW’s striking workers from the picket line. Elisabeth Staudinger, Managing Board Member for Siemens Healthineers, talks about the potential for AI to reshape the healthcare industry. Michael Marks, Founding Managing Partner at Celesta Capital, discusses VC investing in the deep technology space. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporters Julia Love and Davey Alba share the details of the Businessweek Magazine cover story Google’s User Data Has Become a Favorite Shortcut of Police. And we Drive to the Close with Samana, Senior Global Market Strategist at Wells Fargo Investment Institute.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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