Bloomberg Daybreak: Europe Edition

Trump to Declare 'Energy Emergency', Hostages Released & Hedge Fund Fees Slash Gains

11 snips
Jan 20, 2025
A fragile ceasefire in Gaza saw Hamas release hostages, signaling hope for families. Donald Trump plans to sign nearly 100 executive orders post-inauguration, reconsidering energy policies and a potential energy emergency. The debate over TikTok’s future intensifies as the clock ticks on securing a US backer. Meanwhile, shocking research exposes the high costs hedge funds impose on clients. In the UK, asking prices for homes spike, indicating a resilient confidence in the property market despite economic shifts.
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INSIGHT

Trump's First 100 Days

  • Donald Trump plans to sign approximately 100 executive orders upon taking office.
  • These orders aim to reverse some of President Biden's policies, including those related to climate change.
INSIGHT

Energy Emergency Declaration

  • Trump's initial focus is declaring a national energy emergency to boost domestic energy production.
  • This declaration would reverse Biden's climate change initiatives and grant Trump access to special presidential powers.
ADVICE

TikTok Ban Delay

  • Trump pledged to delay enforcing a TikTok ban, giving parent company ByteDance more time.
  • ByteDance must secure a US backer to prevent a permanent shutdown, facing Congressional scrutiny.
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