Bloomberg Surveillance
Surveillance: Hollenhorst on the Fed
Aug 31, 2023
Citi Chief US Economist expects the Fed to pause in September. Oppenheimer Asset Management Chief Investment Strategist predicts S&P to finish the year at 4,900. Newedge Wealth Chief Investment Officer sees no evidence of an imminent recession. UBS's record breaking profit is discussed. Red Bull Racing F1 Driver looks ahead to the Monza Grand Prix.
38:30
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Quick takeaways
- Max Verstappen aims to extend his winning streak at the upcoming Monza Grand Prix, attributing his drive to his upbringing and experiences in go-kart racing.
- UBS and Credit Suisse plan to merge to create one of the largest financial institutions, prioritizing a balance between innovation and tradition to serve their clients effectively.
Deep dives
Max Verstappen aims for 10th consecutive win at Monza
Max Verstappen is looking to extend his winning streak at the upcoming race in Monza. With nine consecutive wins already under his belt, Verstappen is hungry for more success. He credits his drive and determination to his upbringing and early experiences in go-kart racing, where he had the chance to be around legends like Michael Schumacher. While Verstappen acknowledges that the competition in Formula 1 is fierce, he remains focused on his goals and continues to strive for excellence.
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