The Powers That Be: Daily

Wall Street’s October Surprise

4 snips
Sep 20, 2024
Bill Cohan, a renowned financial journalist and author, joins to dissect the recent Federal Reserve rate cut and its implications on Wall Street. He delves into who might claim credit for a potential economic 'soft landing,' comparing Kamala Harris and Donald Trump. The discussion reveals why Wall Street dealmakers are holding back amid looming election uncertainties. Cohan also discusses the paradox of strong economic indicators against a backdrop of decreased mergers and acquisitions as the political landscape heats up.
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