Bloomberg Talks

Lawrence H. Summers, former US Treasury Secretary and Harvard President Emeritus, dives deep into the consequences of Trump-era tariffs, likening them to an oil price shock that can destabilize investments and consumer behavior. He critiques impulsive policy decisions and examines cryptocurrency's chaotic potential, including a discussion on Dogecoin. Summers warns about threats to the US dollar's dominance from rising global powers and the urgent need for fiscal strategy reevaluation to maintain financial leadership amid increasing national debt.

Brookfield CEO Bruce Flatt spoke about the impact of tariffs and deal making at the Bloomberg Invest Conference in New York City. See omnystudio.com/listener for privacy information.

Joe Bae, Co-CEO of KKR, shares insights from a leading global investment firm. He discusses the current volatile landscape of tariffs and inflation, emphasizing their impact on investor confidence and geopolitical risks. Bae highlights Japan's economic resurgence and China's shifting dynamics, revealing potential investment opportunities. He also explores KKR's evolution into a diversified powerhouse and innovative strategies to make private assets more accessible for individual investors, reshaping retirement planning.

TIAA CEO Thasunda Brown Duckett speaks with Bloomberg's David Gura at the Bloomberg Invest Conference in New York City. Duckett discusses retirement, annuities, inflation, investing and more.See omnystudio.com/listener for privacy information.

Steve Mnuchin, former US Treasury Secretary under Trump, shares insights with David Rubenstein. They dive into the implications of a 10% tariff as a consumption tax and its potential to revamp the economy. The discussion also highlights the complexities of tax cuts amid rising national debt. Mnuchin emphasizes the necessity of a strong, stable dollar for trade stability and reflects on the challenges of crypto regulation. He touches on urgent needs for Social Security reform and the political hurdles around budget deficits, offering a candid look into economic strategic thinking.

Shake Shack CFO Katie Fogertey discusses how the restaurant has weathered past inflationary pressures. She speaks with Bloomberg's Paul Sweeney and Alix Steel at the Bloomberg Invest conference.See omnystudio.com/listener for privacy information.

Nick Akerman, Former Assistant Special Watergate Prosecutor, reacts to the SCOTUS decision on USAID. He speaks with Bloomberg's Tom Keene and Jess Menton.See omnystudio.com/listener for privacy information.

Howard Lutnick, the 41st U.S. Secretary of Commerce, dives into the complexities of trade negotiations with Mexico and Canada. He discusses the urgent need for compromises on tariffs linked to fentanyl trafficking. Lutnick highlights the significance of the USMCA agreement and a new reciprocity model that aims for equitable trade. He also addresses how tariffs impact the economy, emphasizing the delicate balance between fair trade practices and national security concerns. Overall, it's an insightful look at the future of U.S. trade relations.

Germany will unlock hundreds of billions of euros for defense and infrastructure investments in a dramatic shift - which has seen european bonds plunge and the euro surge.  It comes after the US paused military support for Ukraine and the EU put forward a package worth up to 800 billion euros to help countries increase defense spending. Hensoldt is a defense company that makes radars.  Their CEO Oliver Doerre spoke to Tom Mackenzie and Caroline Hepker on Bloomberg Daybreak Europe.See omnystudio.com/listener for privacy information.

Soros Fund Management Chief Investment Officer Dawn Fitzpatrick said investors who shifted to private from public markets are in a “world of hurt” in terms of returns and liquidity. She is joined by Bloomberg's Erik Schatzker.See omnystudio.com/listener for privacy information.