Wall Street Week
Bloomberg Wall Street Week - November 8th, 2024
Nov 9, 2024
Rebecca Patterson, former chief investment strategist for Bridgewater Associates, joins Glenn Hubbard, Columbia Business School professor and ex-chair of President Bush's Economic Council, alongside Zanny Minton Beddoes, editor-in-chief of The Economist, and Elizabeth Economy, senior fellow at the Hoover Institution. They discuss the market implications of a second Trump presidency, focusing on U.S.-China relations and potential trade impacts. The conversation touches on economic policies, capitalism perceptions, and the prospect of increased foreign direct investment post-election.
36:00
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Quick takeaways
- The recent electoral outcome has led to a surge in market optimism, significantly boosting the S&P 500 amid expectations of tax cuts and deregulation.
- Concerns arise regarding the impact of Trump's return on international trade, particularly with China and Mexico, which could ignite potential trade wars.
Deep dives
Teen Accounts on Social Media
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