Bloomberg Intelligence

Nippon Steel Takeover of US Steel Blocked

Jan 3, 2025
Walter Todd, President and CIO at Greenwood Capital, shares his expert market outlook alongside the latest from Washington. They delve into President Biden's controversial block of Nippon Steel's $14.1 billion acquisition of U.S. Steel, weighing its national security implications. Todd analyzes economic indicators like the ISM rise and Federal Reserve policies, emphasizing the importance of a diversified investment portfolio. Plus, the discussion touches on potential health labeling changes for alcohol, echoing past tobacco regulations.
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