Julian Emanuel discusses market bullishness in 2024 and Richard Haas shares insights on geopolitical concerns involving China, Ukraine, and Israel. Topics include the economic impact of the Baltimore Bridge collapse and an exploration of work habits influenced by technology.
The market is experiencing increased volatility with tech sector variability, indicating a shift in market dynamics.
President Biden's new approach towards Israel's Prime Minister Netanyahu emphasizes engaging directly with the Israeli people for security and prosperity.
Deep dives
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Julian Emanuel Discusses Market Volatility and Tech Sector Trends
Julian Emanuel highlights the increased volatility in today's market, with record dispersion among stocks in recent months. The tech sector, which traditionally led the market, is showing signs of variability, raising concerns about its continued dominance. While tech companies remain influential, there is a shift in the market dynamics towards other sectors, indicating a changing landscape.
Richard Haas Provides Insights on Foreign Policy and US-China Relations
Richard Haas suggests a new approach by President Biden towards Israel's Prime Minister Netanyahu due to a lack of partnership. He emphasizes the importance of engaging directly with the Israeli people regarding future paths for security and prosperity. Haas also addresses US-China relations, highlighting China's efforts to influence American CEOs and the potential implications for technology and geopolitical crises like Taiwan.
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg Surveillance hosted by Tom Keene and Paul SweeneyMarch 28th, 2024 Featuring:
Julian Emanuel, Senior Managing Director at Evercore ISI, on market bullishness in 2024 and whether it can last as well as what we can see from Jay Powell tomorrow
Richard Haas, former president of the Council on Foreign Relations, on geopolitical outlook for 2024 and concerns involving China, Ukraine, and Israel and how Congress is approaching each conflict
Anna Wong, Chief US Economist with Bloomberg Economics, discusses her note on the economic impact of the Baltimore Bridge collapse
Bloomberg's Lisa Mateo with her Newspaper Headlines