Bloomberg Businessweek

George Ferguson, a senior analyst at Bloomberg Intelligence specializing in aerospace and defense, joins the discussion alongside Erik Wasson, a congressional reporter for Bloomberg News, and Howard Fu, CFO of Procore. They delve into the FAA's plans to address recent flight disruptions at Newark Airport. The conversation also explores former President Trump's flirtation with a tax plan targeting the wealthy and its implications. Additionally, Fu shares insights on the construction sector's challenges, including labor shortages and material costs, highlighting Procore's role in navigating these hurdles.

Matt Atkenson, Ford Pro's executive director for North American sales, delves into how tariff uncertainty affects Ford's commercial fleet. He reveals the company's record quarter for full-size pickups, emphasizing the essential role of vehicle reliability for small businesses. Atkenson discusses strategic manufacturing decisions, including a new plant for super duty pickups in Ontario. Furthermore, he highlights the growth of subscription telematics services and the transition to electric vehicles, showcasing options like the electric F-150 Lightning to support small businesses.

Natalia Imperatori-Lee, a religious studies professor, shares insights on the groundbreaking election of Cardinal Robert Prevost as the first U.S. pope, Leo XIV, and the challenges he faces in bridging divides within the Church. Rich Hill discusses current trends in commercial real estate amidst economic fluctuations, highlighting mispriced assets and demographic shifts. Kamal Bhatia emphasizes the importance of local knowledge in investment strategies, shedding light on how these trends affect long-term market navigation.

Dr. Patrick Ngugi Njoroge discusses the impact of trade wars on African economies, particularly in relation to Kenya's monetary policies. He emphasizes the importance of regional collaborations and new trade agreements to address rising tariffs. The conversation also highlights the current state of intercontinental trade in Africa, which lags behind other regions, and examines the implications of the U.S. reducing its presence, along with the roles of countries like China and India in shaping the future.

Join Jason Thomas, who leads Global Research at Carlyle, Dina Dilorenzo, co-president at Guggenheim Partners, and Christian Stracke from PIMCO as they dive into pressing financial topics. They explore the impact of tariffs on the auto industry and tech stocks amidst market volatility. Discussions also highlight investment strategies in private credit, risk evaluation, and how banks are evolving asset-based finance. The trio sheds light on economic uncertainties and the Federal Reserve's influence on current markets.

Olivia Albrecht shares insights on the rapidly expanding carbon market, projected to reach $1 trillion. She highlights the need for credible demand signals, distinguishing between compliance and voluntary markets. The discussion also covers sustainable finance complexities in the U.S., including a proposed carbon border adjustment by the Treasury. Financial firms are adapting by pivoting towards infrastructure and project finance to align with shifting climate policies. A lively exploration that connects climate and capital!

Manny Roman, CEO of PIMCO, delves into market disruptions, offering strategies for navigating volatility in bonds and investments. Armen Panossian, Co-CEO of Oaktree Capital, shares keen insights on credit spreads and the dynamics of private credit amidst economic uncertainty. Together, they discuss the importance of the U.S. treasury market, the shifting investor sentiment shaped by geopolitical events, and the intricate partnerships between larger corporations and private credit managers.

Robyn Grew, President of Man Group, oversees a massive $170 billion in assets, while Brendan Carr, Chair of the FCC, focuses on crucial deregulation and national security in telecommunications. Phillip Swagel, Director of the U.S. Congressional Budget Office, shares insights on navigating budget dynamics. Together, they tackle pressing issues like market volatility, the evolving role of AI in finance, and the intricate balance between economic policies and business growth. Expect deep dives into leadership challenges and the future of tech communications.

Sana Pashankar, a Bloomberg News space reporter, dives into the intriguing world of decommissioned satellites and their return to Earth. She discusses the soaring number of satellite launches and their impact on the atmosphere, particularly concerning hazardous space debris. Pashankar highlights the urgent need for regulations to protect the ozone layer and explores the booming satellite industry projected to hit $108 billion by 2035. She emphasizes the importance of managing environmental risks from rocket launches and satellite re-entries.

This week’s discussion features Mark Gurman, a tech expert at Bloomberg, who unpacks Apple's shifting strategies and challenges in the wake of tariff impacts. Zach Wasserman, CFO of Huntington Bank, shares insights on the lending landscape amid rising costs. Jonathan Maxwell of SDCL dives into sustainable investing and energy efficiency, while Nikki Eckstein, a luxury travel specialist, reveals the latest trends in travel, including the allure of Greenland and the transformation in luxury cruises. It's an engaging blend of tech, finance, and travel!