Bloomberg Talks

Raphael Bostic, President and CEO of the Federal Reserve Bank of Atlanta, discusses the potential impacts of trade negotiations on monetary policy. He highlights how a swift resolution could trigger quicker Fed actions, while prolonged talks might stall them. Bostic also delves into the recent credit rating downgrade's effect on economic confidence and interest rates, warning of challenges from tariffs that complicate business planning and employment stability. His insights reveal the delicate balance between navigating uncertainty and formulating effective economic strategies.

Bob Doll shares insights on the impact of Moody's Ratings downgrade on the US credit rating. The conversation delves into the challenges facing the bond market, rising yields, and how these factors are influencing equities. Doll emphasizes the importance of strategic investment decisions in today's turbulent economic landscape. Inflation concerns add another layer of complexity as he navigates the interplay between bonds and stocks.

Brian Chesky, CEO and Cofounder of Airbnb, dives into the recent app redesign that's prioritizing user experience and new services. He explores innovative strategies for expanding beyond home rentals to offer diverse local experiences. Chesky emphasizes a hands-on leadership approach in navigating technology's impact on trust and customer service. The conversation also touches on the gig economy and how the company is leveraging technology for better vetting and service scalability.

Kunal Kapoor, CEO of Morningstar Inc., a leader in independent investment research, dives into the company's strategic shift to rate fewer private asset funds. He emphasizes the growing interest in private credit and semi-liquid investments. The discussion touches on the challenges of merging private assets with ETFs and the innovative landscape surrounding them. Kapoor also explores the importance of transparent credit ratings in a competitive market, as private and public investment strategies begin to intertwine.

Mike Lawler, a Republican Congressman from New York's 17th district, dives into the heated negotiations around the SALT cap tax, highlighting its impact on constituents facing high property taxes. He discusses the pressing need for moderate voices in Congress to balance fiscal responsibility and support social programs. Additionally, Lawler reflects on President Trump's recent Middle East trip and underscores the necessity for reforms to improve transparency in stock trading for lawmakers, igniting a conversation about accountability in government.

Lisa Shallet, the Chief Investment Officer at Morgan Stanley Wealth Management, shares her insights on the current market landscape. She emphasizes the need to adjust investment strategies as tech growth slows and suggests a shift towards value stocks. Shallet discusses the delicate balance between inflation and recession while highlighting the impacts of rising bond yields on stock valuations. She warns of challenges for smaller companies amidst stronger large-cap performances, urging investors to recalibrate their approaches in this evolving economic climate.

Yoni Assia shares insights on eToro's remarkable journey from a startup to a publicly traded powerhouse on NASDAQ. He highlights the company's innovative approach to social investment and how it sets itself apart from the competition. Assia discusses strategic shifts towards profitability and adapting to market changes, shedding light on the future of online trading and investment platforms.

Jamie Dimon, the Chairman and CEO of JPMorgan Chase, shares his insights on navigating the complexities of the current economic climate. He tackles potential recession risks and market volatility, emphasizing the impact of the US-China trade war. Dimon discusses the challenges banks face from non-bank competitors and the importance of innovation in maintaining relevance. He also dives into U.S. deficits and their implications for the dollar's status, while exploring growth opportunities in Europe and the Middle East.

Jim Zelter, President of Apollo Global Management, shares his insights on the retail market's response to Trump's trade policies. He discusses how retail executives are stepping into political conversations to tackle supply chain issues and tariffs. The conversation sheds light on the unequal recovery paths across various economic sectors and the resulting market volatility. Zelter also explores the resilience of private credit, highlighting investment opportunities in technology despite ongoing challenges, providing optimism for investors.

Brian Armstrong, CEO of Coinbase, shares insights on the company's upcoming addition to the S&P 500, emphasizing it as a landmark moment for crypto's legitimacy. He discusses the future of crypto payments and advocates for stablecoin regulation, highlighting its necessity for financial inclusion. Armstrong also touches on the evolving landscape of equity trading and the potential establishment of a U.S. Bitcoin reserve. With optimistic views on bipartisan support, he believes competition will drive innovation in the crypto sector.