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Bloomberg Businessweek

XPO's Jacobs Talks Logistics, Economics and Geopolitics

Oct 4, 2023
46:58
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Brad Jacobs, Chairman at XPO, discusses logistics, economy, and his forthcoming book. Rose Stuckey Kirk talks about technology helping underrepresented people. Brett Pulley shares details of Tyler Perry's media empire. Topics include reducing carbon emissions, social responsibility initiatives, automation in warehouses, and fiscal stimulus.
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Podcast summary created with Snipd AI

Quick takeaways

  • Market volatility is driven by emotions and caution is advised due to potential fragility and uncertainty.
  • A soft landing for the economy is still possible with strong fiscal stimulus and positive growth indicators, but consumer behavior and economic data need to be closely watched.

Deep dives

The equity and bond markets are oversold

According to Carol Schleif, CIO at BMO Family Office, both the equity and fixed income markets are oversold. She notes that recent market volatility has pushed prices to extreme levels, with emotions driving the markets to the edges. While there are underlying strengths, such as fiscal stimulus and positive growth in small and midsize companies, caution is advised due to potential fragility and uncertainty in the market.

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