When president jobiden made the case for nearly 200 billion dollar pendamic aid package to help state dodge budget cuts and lay offs, quarter horse racing never came up yet. Arizona is now using a portion of the aid to boost purses at three of its horse tracks. Alaska is paying social media influencers from oper the states famous sea food. And then what's happening in north carolina is interesting,. funding improvements to a speedway for nasscar races and building new walking trails dedicated to the history of moonshine.
Bloomberg News Macro Strategist Cameron Crise recalls major market bottoms over the last seven decades and finds that there hasn’t been a major market bottom that’s looked quite like the current state of play. Bloomberg News Municipal Finance Reporter Amanda Albright explains that pandemic rescue money has been doled out to the likes of racehorse owners and influencers. Bloomberg Businessweek Editor Joel Weber and Bloomberg Opinion Columnist Justin Fox discuss Justin's Businessweek Magazine story Tighter Labor Market Makes Restaurants More Like Factories. And we Drive to the Close with John LaForge, Head of Real Asset Strategy at Wells Fargo Investment Institute.
Hosts: Tim Stenovec and Kriti Gupta. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.