Bloomberg Talks

Andrew Yang, an entrepreneur and former presidential and NYC mayoral candidate, joins the conversation to share insights on politics and his innovative venture, Noble Mobile. He discusses the flaws in American politics, proposing term limits and highlighting successes of the Forward Party. Yang envisions a smartphone-based primary for independents and passionately details how Noble Mobile incentivizes users to unplug from their screens with a unique cash-back plan. His advocacy for a mass independent movement offers hope in an increasingly polarized landscape.

Former Federal Reserve Bank of Boston President Eric Rosengren explores the economic fallout of a potential government shutdown. He highlights the risk of recession and the increased reliance on private data when official statistics are unavailable. The discussion includes the impact of furloughed workers on consumption and uncertainty in federal policy. Rosengren also addresses the challenges of interpreting conflicting private employment reports and the implications of rising inflation on decision-making.

Breeze Aviation is taking to the skies internationally with new routes to popular vacation spots. David Neeleman shares insights on achieving U.S. flag carrier status and the impact on their route offerings. He discusses the strategy of targeting underserved cities to provide luxury travel at lower costs. Challenges like staffing and operational efficiency are addressed, with innovative solutions like AI gate cameras. The focus is on leveraging high-margin nonstop routes to disrupt the traditional airline market while expanding their fleet.

Ian Bremmer, a political scientist and founder of Eurasia Group, dives into the complexities of international relations. He critiques the U.S. State Department's effectiveness and discusses the implications of 'America First' politics on global alliances. Bremmer offers insights into the ongoing Gaza conflict and evaluates the dynamics between Israel and Hamas. He also analyzes the war in Ukraine and the shifting dynamics between Trump and Putin, while addressing U.S.-China relations, particularly regarding Taiwan and China's expanding influence due to USAID cuts.

Discover the intriguing insights of JPMorgan Asset Management's CEO as he navigates the merging lanes of public and private markets. He explains how much private credit should find its way into average portfolios, emphasizing the role of liquidity and risk tolerance. The discussion shifts to public market advantages, revealing how innovation in income strategies can transform investment approaches. Plus, will private markets evolve to enhance transparency and liquidity? Tune in for a thought-provoking exploration of today's financial landscape.

Peter Stern, the CEO of Peloton Interactive, shares his vision for the company's future, emphasizing a major hardware overhaul and the launch of Peloton IQ. He confidently discusses the rationale behind recent price increases, asserting the value added through new features and classes. Stern highlights the dual appeal of their new equipment for current members and potential buyers. He also outlines Peloton's ambition to be a holistic health partner, covering not just fitness but also mental well-being and nutrition.

Daniel Tannebaum discusses Europe's proactive stance on Russian sanctions amidst a perceived US withdrawal. He highlights the EU's upcoming 19th sanctions package aimed at third countries like China and India. Enforcement gaps in current sanction regimes are a major concern, with Tannebaum emphasizing the need for stronger internal measures. While sanctions are impacting Russia's economy, trade with China and India provides a buffer. The conversation also touches on the challenges businesses face in Russia and the necessity for improved enforcement structures within Europe.

In this engaging conversation, Rep. Mike Lawler, the New York Republican congressman representing NY-17, dives into the pressing issues of government funding and health policy. He argues against a government shutdown, emphasizing negotiation on Obamacare subsidies instead. Lawler supports a one-year extension for ACA funding while advocating for bipartisan efforts to control costs. He also warns about the economic risks of a shutdown and discusses the need for more aggressive Fed actions in response to data gaps.

Panos Panay, Amazon's Senior Vice President of Devices and Services, shares insights on creating desirable devices that enhance homes. He discusses the importance of custom silicon for smarter Alexa capabilities and how to balance affordability with premium products. Panos emphasizes user control and privacy while unveiling new hardware designed to appeal to younger generations. He also hints at Amazon's ambition to grow its device business into a significant venture, showcasing an interconnected ecosystem with offerings like Echo and Kindle.

Michael Saylor, executive chairman of MicroStrategy and a leading advocate for Bitcoin, dives into his company's latest purchase of 196 BTC for a staggering $22.1 million. He discusses the peculiar phenomenon of MicroStrategy's stock trading below Bitcoin's value, attributing it to market adjustments. Saylor emphasizes the positive impact of new Bitcoin treasury companies and confidently reassures listeners on the minimal risks of selling holdings. He also clarifies that Bitcoin serves as digital capital rather than a traditional currency.