Trumponomics

Christine Harper, a member of Bloomberg's editorial board and co-author of Paul Volcker's memoir, joins Katanga Johnson, Bloomberg's lead reporter on banking regulation, to discuss Trump's financial reforms. They delve into the tension between deregulation and potential crisis, exploring contrasting perspectives from Wall Street and crypto advocates. The conversation highlights the implications of easing capital rules, the regulatory shift towards cryptocurrencies, and the urgent need for oversight. These decisions could reshape the financial landscape drastically.

Ethan Zindler, head of country and policy research at BloombergNEF, and Emily Birnbaum, a Bloomberg reporter focused on corporate lobbying, delve into the recent legislative shifts affecting renewable energy. They discuss how a major bill may drive up electricity costs and undermine U.S. competitiveness in AI. The implications of cutting clean energy tax credits and the influence of lobbying are explored, highlighting political tensions and the challenges faced by the renewable sector amid changing energy demands.

In this insightful discussion, Jonathan Levin, a Bloomberg Opinion columnist, and Kate Davidson, Bloomberg’s managing editor for US economic policy, delve into the impacts of Trump’s immigration crackdown on the economy. They explore how stringent policies have disrupted labor markets, particularly in key industries, and the chilling effects on employment decisions. The conversation also highlights the potential long-term benefits of such policies, like forcing businesses to improve wages and employment conditions to attract necessary workers.

Cathie Wood, founder and CEO of ARK Investment Management, joins the conversation, sharing her views on the 'great rotation' out of US equities. She discusses how investors are moving from safe-tech stocks to riskier assets and the implications for the US dollar. The discussion delves into the impact of Trump's policies on global markets, particularly regarding emerging opportunities in innovation and the changing landscape of corporate risk appetite. Insights on US-China trade dynamics and the competitive rise of China's industries add depth to this intriguing analysis.

Shawn Donnan, a senior reporter at Bloomberg focused on the global economy, and John Authers, a senior editor and Bloomberg Opinion columnist, dive deep into the impact of Donald Trump's tariffs. They discuss the dramatic rise in U.S. tariff rates, reaching levels not seen since the 1930s, and its potential economic repercussions. The duo also analyzes Trump's unique negotiation tactics, the tensions surrounding Iran, and the uncertain future of trade policies. Ultimately, they explore how these elements could reshape markets and international relations.

Jennifer Welch, a chief geoeconomics analyst for Bloomberg Economics, and Ziad Daoud, chief emerging markets economist at Harvard Kennedy School, explore the surprising stability of oil prices amid rising geopolitical tensions, particularly between Israel and Iran. They discuss how Trump's foreign policy and the decoupling of oil prices from traditional threats challenge the usual economic forecasts. The conversation highlights the complexities of the oil market, examining the factors that contribute to this unexpected resilience.

Join Robin Xing, Chief China Economist at Morgan Stanley, Rebecca Choong Wilkins, Bloomberg's Asia economics reporter, and Hao Hong, Managing Partner at Lotus Asset Management, in an intriguing discussion from Hong Kong. They unpack the complexities of US-China trade negotiations and explore China's strategic patience amidst economic challenges. The panel also discusses shifts in financial landscapes, the impact of currency fluctuations, and historical reflections on the Asian financial crisis, illustrating how past lessons influence today's economic dynamics.

Gary Cohn, Vice Chairman at IBM and former chief economic advisor to Trump, joins Peter Orszag, Lazard CEO and former OMB director, and Kevin McCarthy, the 55th Speaker of the House, to discuss the future of the U.S. economy under Trump's policies. They analyze how these policies could reshape economic competitiveness and resilience, tackle supply chain vulnerabilities, and the importance of international partnerships. The conversation also touches on immigration's role in attracting talent, the balancing act of budget cuts, and the need for sustainable economic strategies.

Anna Wong, Chief US economist at Bloomberg Economics, brings her deep insight from the Federal Reserve and Treasury, while Josh Wingrove, a senior White House reporter, provides an inside look at evolving strategies. They dive into the economic fallout of Trump's trade war, discussing its complex legal battles and unexpected outcomes like disinflation. The podcast also highlights the tense U.S.-China relations, exploring the risks of a capital war and the significant impacts on manufacturing and consumer behavior.

In this discussion, Richard Baldwin, an international economics expert and author of The Great Trade Hack, critiques Trump's tariffs as ineffective for protecting American workers. He argues that these measures stem from a 'grievance' mindset rather than substantive economic strategy. Baldwin warns that unilateral tariffs may leave the U.S. isolated in a changing global trade landscape. He underscores the need for comprehensive social policies instead of protectionism to truly address the socioeconomic challenges facing the middle class.