AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Bloomberg Businessweek
Powell Says Recent Data Raise Confidence Inflation on Path to 2%
Jul 15, 2024
Carlyle Co-Founder David Rubenstein discusses Fed Chair Jay Powell's optimism on inflation reaching 2%. David Konrad breaks down bank earnings, and Peter Atwater connects the economy to Wall Street. LinkedIn COO discusses AI in jobs, and Mary Ann Bartels gives investment insights.
37:31
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The market is projecting sustained double-digit earnings growth over the next two years, driving equity markets.
- Concerns persist about potential market corrections or crashes akin to historical bubbles, emphasizing risk management strategies.
Deep dives
Market Trends and the Trump Trade
Recent market trends suggest a pivot towards cyclicals and away from technology, particularly semiconductors, following better-than-expected CPI reports. The market seems to be pricing in a potential Trump win after his performance in the Presidential debate. Earnings reports for the second quarter are expected to be strong, with potential double-digit growth in earnings forecasted for next year.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode