Bloomberg Surveillance Single Best Idea with Tom Keene: Daniel Tannebaum & Anna Wong
Apr 24, 2025
Dive into the intricate world of global commerce and sanctions as experts analyze the political landscape's effect on economies. U.S.-Russia tensions take center stage, with a push for decisive actions and discussions on labor market dynamics. Retail challenges are spotlighted, including the dreaded empty shelves and the ongoing supply chain crisis. Discover innovative solutions for small businesses, like leveraging Verizon's initiatives and Amazon Business to streamline operations. It's a captivating blend of politics, economics, and practical business insights!
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US Power Against Russia
- The US government holds significant power to pressure Russia economically and politically through sanctions.
- The current administration has been criticized for insufficient actions on expanding these measures against Russia.
Trump's Mixed Moves on Russia
- President Trump tweeted sharply at Vladimir Putin but actual sanction actions have been limited.
- Two major moves: quiet extension of Biden-era sanctions and letting an energy waiver expire to ban Russian energy trading.
US Labor Market Signals
- Initial jobless claims remain low at 222,000, below the concerning threshold of 260,000.
- Despite good claims data, the public mood may worsen due to supply shortages and spending pullback this year.