The speakers discuss the recent performance of the equity and bond markets, as well as the anticipation surrounding the December 13th Fed decision. They analyze the shift in consumer attitudes and the impact of cash customers on the overall market. Additionally, they provide insights on investing trends and predictions for the Federal Reserve's focus on the unemployment rate.
Bloomberg News Rates Reporter Michael MacKenzie and Bloomberg News Chief Correspondent for Global Macro Markets Liz McCormick explain how in a year in which little has gone right in the US bond market, November turned out to be a month for the record books. Ge Bai, Professor of Health Policy and Management at Johns Hopkins Bloomberg School of Public Health, talks about middlemen pocketing 70% of Medicare spending on widely used generic drugs. Bloomberg Businessweek Editor Joel Weber, Businessweek Technology Editor Joshua Brustein and Bloomberg News AI Reporter Rachel Metz share the details of the Businessweek Magazine story Sam Altman Won the War for OpenAI. Now Comes Winning the Peace. And we Drive to the Close with John Augustine, CIO of Huntington Private Bank.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
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