The hosts discuss the recent sell-off in crypto markets, highlighting the need for regulatory clarity and transparency for investors. They mention a research report by JP Morgan Chase and reflect on the challenges posed by legal issues in the crypto world.
Bloomberg News International Economics & Policy Correspondent Michael McKee reports on Federal Reserve Chair Jerome Powell saying the US central bank is prepared to raise interest rates further if needed from the Jackson Hole Economic Policy Symposium. Mike Belshe, CEO of BitGo, discusses the need for a regulated environment to safely store digital funds. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick provide the details of Liz's Businessweek Magazine story US Budget Deficits Are Exploding, With No End in Sight. And we Drive to the Close with Nancy Tengler, Chief Investment Officer at Laffer Tengler Investments.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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