Bloomberg Surveillance
Political Turmoil, Bitcoin, and the Market Impact
Dec 5, 2024
David Rosenberg, founder of Rosenberg Research, shares insights on the 2024 equity rally and the evolving roles of Bitcoin and gold amid market fluctuations. Richard Haas, former President of the Council on Foreign Relations, discusses the implications of political turmoil in France and Korea, highlighting shifting U.S. foreign relations. Wendy Schiller, a Brown University professor, delves into the Senate's response to executive power and Trump's influence on nominations, underlining the complexities of modern U.S. politics.
39:05
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Quick takeaways
- David Rosenberg emphasizes that post-pandemic productivity growth has reshaped traditional economic views amidst a cooling U.S. labor market.
- Richard Haas discusses the implications of political turmoil in key countries and its impact on U.S. relations with allies.
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