Matt Welch: crypto is still kind of isolated off on its own. He says it's not deeply tied to the real economy in a way that like, you know, FTS goes down. The person who is doing the most to restore trust was Sam Bankman free, he says. "I just want to know where he is," Welch asks. 'There was a good place to be'
Bloomberg Markets Correspondent Kriti Gupta and Bloomberg News International Economics and Policy Correspondent Michael McKee break down the markets and economic reaction to Thursday's encouraging CPI data. Dr. Ian Lustbader, Clinical Professor of Medicine at NYU Langone, discusses seeing a rise in Covid hospitalizations for kids under 6 months. Bloomberg Businessweek National Correspondent Josh Green provides the details of his Businessweek Magazine cover story Narrow GOP Edge Is McCarthy’s Dream—and Nightmare—Come True. Bloomberg Opinion Columnist Matt Levine talks about Binance pulling out of rescuing FTX. And we Drive to the Close with Doug Ciocca, CEO at Kavar Capital. Hosts: Carol Massar and Paul Sweeney. Producer: Paul Brennan.
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