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Bloomberg Surveillance

The Latest on Trump and Wrapping Big Bank Earnings and Retail Sales

Jul 16, 2024
Brown University professor discusses Trump, JD Vance. RBC Capital Markets head talks Trump trade, market volatility. Telsey Advisory Group CEO analyzes June retail sales. Whalen wraps big bank earnings. Various perspectives on economics, finance, retail trends, and market volatility.
27:42

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Quick takeaways

  • J.D. Vance as VP solidifies Ohio's red state status, missed opportunity to attract broader voter base.
  • Impending crisis in commercial real estate sector due to financial strains, potential defaults on mortgages.

Deep dives

Impact of Vice Presidential Candidate Selection on the Republican Party

The podcast episode discusses the selection of J.D. as the vice presidential candidate and its implications for the Republican Party. Wendy Schiller, a professor at Brown University, expresses her views on this choice, stating that it solidifies Ohio's position as a red-leaning state and aligns with the Republican platform. However, she highlights missed opportunities for the party to appeal to a broader voter base by not selecting candidates like Tim Scott, which could have attracted black and independent voters.

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