Bloomberg Surveillance
Questions Swirl about Biden's Health as Traders Weigh Market Risks
Jul 9, 2024
Prof Wendy Schiller, Sarah Hunt, and David Mericle discuss Biden's health impact on the market, AI future, Powell's stance on inflation, tech companies' cash reserves, housing boom in Silicon Slopes, and estate planning trends. Also includes frozen meeting anecdotes and podcast promotion.
27:19
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Quick takeaways
- Traders are assessing market reactions to earnings season and Jay Powell's testimony.
- The podcast explores concerns about market balance and valuation disparities due to tech juggernauts.
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