The podcast discusses the Fed's rate cut dilemma, Apple's AI strategy, HPE CEO's earnings, and market insights. Also, explores luxury skiing in the Alps, extravagant wedding events, and expensive martinis in upscale establishments.
Torsten Slok highlights the fed's reluctance to cut rates, impacting economic stability.
Dan Ives shares insights on the tech sector's performance and innovations in the past week.
Deep dives
Investing in Athletes through IPOs
An innovative platform called VESTIVAL allows fans to buy and sell shares in athletes' future on-field earnings. Denver Broncos linebacker Baron Browning will headline the IPO, receiving 80% of the proceeds. This investment feature provides fans with the opportunity to gain from athletes' earnings, including potential contract upgrades.
Luxury Skiing Experience in the Alps
Skiing in the Alps is becoming even more luxurious with the introduction of ski butlers, offering personalized services like providing extra gear on the spot. Helicopter rides to mountaintop restaurants and indulging in lavish wines are part of the high-end experience. This upscale offering aims to attract high-end spenders despite climate change affecting snow conditions.
The Trend of Pricey Martinis
Martinis are experiencing a surge in pricing, ranging from $30 to $150 per glass in upscale establishments like Loud Luxury. Special martini varieties, such as citrus martinis and truffle-infused vodka martinis, are served with a touch of extravagance. This trend reflects a shift towards indulging in costly drinks and flaunting them as a luxury status symbol.
Power Players Jeddah Event on Formula One Saudi Arabian Grand Prix
Attend the Power Players Jeddah event on March 7th, coinciding with the Formula One Saudi Arabian Grand Prix. This gathering brings together influential figures from sports, entertainment, and technology to explore potential disruptions within the sports industry. Register for this event to gain insights into the evolving landscape of sports, media, and investment.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyFriday March 1st, 2024 Featuring:
Torsten Slok, Apollo partner and Chief Economist, on the fed not cutting rates
Dan Ives, Wedbush Securities Managing Director and Senior Equity Research Analyst, on the week in tech
Antonio Neri, HPE CEO, on his company's earnings
Victoria Bills, Banrion Capital Chief Investment Strategist, on the markets
Bloomberg's Lisa Mateo with her Newspaper Headlines