Bloomberg Talks
Gary Cohn Talks Interest Rates, Economic Policy
May 14, 2024
Former chief economic adviser to former President Donald Trump, Gary Cohn, discusses how higher interest rates are affecting investors' risk-taking behavior. Topics include the impact of interest rates on businesses, fiscal stimulus, tariffs, efficiency in business operations, and the role of AI in corporate efficiency and economic outlook.
13:14
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Higher interest rates are dampening investor risk appetite, impacting capital investment.
- Contrasting fiscal stimulus and rate adjustment policies shape economic growth and inflation rates.
Deep dives
Changing Mindset on Capital Investment
The podcast delves into the shift in mentality regarding capital investment and risk. Previously, individuals sought higher returns by investing in startup companies due to low returns on zero-risk assets. However, the landscape has evolved, with treasury bills now offering competitive returns, altering how people approach investing and circulating capital. The closure of capital markets has hindered the expected circulation of risk capital, influencing fiscal and monetary policies.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
