The speaker analyzes Chair Powell's recent remarks and finds them uninteresting, suggesting that he may need a vacation. They discuss the market reaction to the Federal Reserve's decision on interest rates and express skepticism towards the effectiveness of the Fed's forward guidance and forecasts.
Bloomberg Markets Co-Host Jon Erlichman breaks down Meta's earnings. James Cakmak, Technology Analyst at Clockwise Capital, recaps a busy week of big tech earnings. Bloomberg News Finance Reporter Jenny Surane shares the details of her story Elon Musk the Banker Wants to Take On Dimon Where Google Failed. And we Drive to the Close with Brian Jacobsen, Brian Jacobsen, Chief Economist at Annex Wealth Management.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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