Joel Webber: Maybe we're seeing the birth of the Powell rule here. Volcker had to raise rates to what? Close to 20% in the early 1980s. And if Powell pulls this off with rates around 5%. An unemployment went to 11%. Yeah. Indus was busy this week and he wrote about Barbie.
Phil Siegel, Founder of AI nonprofit CAPTRS discusses the growing implementation of artificial intelligence. Bloomberg Businessweek Editor Joel Weber and Bloomberg Global Economy Reporter Enda Curran talk about the latest Businessweek story on architect Sahm Rule. Biz Carson, Bloomberg Wealth Reporter discusses how the ultra-rich are flourishing in California. And we Drive to the Close with Christopher Tsai, President and CIO at Tsai Capital.
Hosts: Tim Stenovec and Madison Mills Producer: Sara Livezey
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