Wall Street Week
Bloomberg Wall Street Week - August 16th, 2024
Aug 17, 2024
Jan Hatzius, chief economist at Goldman Sachs, discusses the decreasing odds of a recession. Yale Law School professor Zachary Liscow highlights the differences between infrastructure investment and manufacturing capacity in the US. Gregory Peters from PGIM Fixed Income believes fixed income ETFs still have growth potential. Jon Klein, co-founder of HANG Media, addresses the challenges traditional media faces against tech giants. These insightful discussions illuminate market dynamics, infrastructure hurdles, and the shifting landscape of media.
38:12
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Quick takeaways
- Goldman Sachs chief economist Jan Hatzius suggests that the likelihood of a recession is decreasing, indicating stabilizing economic conditions.
- Citi Wealth at Work's Kristen Bitterly believes the cooling labor market reflects broader trends in wage growth and inflation pressures.
Deep dives
Driving Innovation in Luxury Automobiles
Innovation in the automotive sector is explored, highlighting how true trailblazers abandon conventional expectations to achieve groundbreaking advances. The BMW Visionaries, responsible for the development of the BMW 7 Series and the all-electric i7, demonstrate this principle by incorporating features like a rear executive lounge with a 31-inch theater screen and 4D surround sound. This focus on detail provides luxury consumers with a new standard for automotive experiences, layering technology with comfort and entertainment. Additionally, integrating real-time highway and parking assistance showcases how modern vehicles are evolving to enhance user safety and convenience.
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