Bloomberg Surveillance The Passing of Jimmy Carter and Looking Ahead to 2025
Dec 30, 2024
Cam Dawson, CIO of New Edge Wealth, shares insights on investment strategies for 2025 amidst expectations of slower growth. Winnie Cisar, Global Head of Strategy at Creditsights, dives into bond market signals and economic forecasts, emphasizing key trends in fixed income. Lisa Mateo, a Bloomberg journalist, adds her perspective on the current media landscape. The discussion also touches on the legacy of Jimmy Carter, reflecting on his humanitarian impact and lasting influence in today’s political climate.
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Carter and Sweeney Family Connections
- Paul Sweeney's father and Jimmy Carter were both born in 1924.
- Sweeney's sister worked with Carter and Rosalynn Carter on Habitat for Humanity projects.
Carter's Legacy
- Jimmy Carter's life and presidency feel distant from today's political climate.
- His legacy includes pre-presidency, presidency, and an impactful post-presidency.
Carter's Economic Impact
- Markets owe Carter gratitude for appointing Paul Volcker and curbing inflation.
- Carter also laid the foundation for long-term U.S. economic strength.