Bloomberg Businessweek Fed Cuts Rates by Half Point in Bid to Defend Economy
Sep 18, 2024
Ira Jersey, Chief US Interest Rate Strategist at Bloomberg Intelligence, and Brent Schutte, Chief Investment Officer at Northwestern Mutual, discuss the Federal Reserve's groundbreaking rate cut by 50 basis points, the first in over four years, examining its implications for the labor market and equity investments. Katherine Burton, Hedge Fund Reporter at Bloomberg News, reveals billionaire Steve Cohen's exit from daily trading and its potential effects on his hedge fund. The conversation navigates economic shifts and the evolving landscape of financial leadership.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 2min
Impact of Fed's Rate Cut on Labor Market and Equity
01:47 • 7min
Billionaire Hedge Fund Manager Steps Back from Daily Trading
09:14 • 2min
The Evolution of Leadership in Finance
10:52 • 7min
Hedge Funds and Business School Insights
17:49 • 7min
Evolving Business Education: Flexibility and Leadership in Focus
24:20 • 2min
Exploring ROI in Education and Upcoming Events
26:21 • 2min