Lisa Jarvis and Madison Muller discuss positive developments in obesity drugs. Kate Hao talks about helping immigrants secure loans. Joel Weber and Shawn Donnan discuss Biden and Xi's meeting. David Dietze discusses investment strategies.
Positive developments in clinical trials of obesity drugs could lead to wider accessibility for treatments.
Happy Mango helps immigrants secure loans for cars, homes, and businesses.
Deep dives
Bank of America: A reliable blue-chip investment with a 3.46% dividend yield
Bank of America is a solid investment option, boasting a coast-to-coast franchise and one of the largest insured deposits in the country. As interest rates come down and inflation recedes, Bank of America's profit margins are likely to widen, making it an attractive investment. With a dividend yield significantly above the industry average and a double-digit dividend growth over the past five years, Bank of America is a smart choice for investors.
Chevron: A dividend aristocrat offering a 4.2% dividend yield
Chevron is a dividend aristocrat, having increased its dividend for more than 25 consecutive years. In addition to a high dividend yield, Chevron also engages in regular stock buybacks, leading to a total shareholder return of 10% or more. Despite recent mixed earnings and uncertainties surrounding the Hess acquisition, Chevron's strong business and commitment to rewarding shareholders make it a worthwhile investment.
Interest Rates: An essential metric for investors
Interest rates play a crucial role in determining the present value of various assets, including stocks and real estate. Investors should closely monitor interest rates as they directly impact the performance of these assets. As inflation continues to decline, interest rates are likely to stabilize, potentially providing a favorable environment for investment.
Inflation: The key factor influencing interest rates
Inflation is a critical factor driving interest rates. As inflation rates decrease, lenders demand lower returns on their funds, leading to a decrease in interest rates. Monitoring inflation trends is important as it impacts the profitability of various investment strategies.
Bloomberg Opinion Pharma Columnist Lisa Jarvis and Bloomberg News Health Reporter Madison Muller discuss a how a clinical trial in obesity drugs is punctuating a string of positive developments that could make the treatments more widely accessible. Kate Hao, Founder and CEO of Happy Mango, talks about helping immigrants secure loans for cars, homes and businesses. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Senior Economics Writer Shawn Donnan provide the details of Shawn's Businessweek story Biden and Xi Meet at APEC to Navigate Rivalry and Economic Ties. And we Drive to the Close with David Dietze, Senior Portfolio Strategist at Peapack Private Wealth Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.