Been a fan of Wall Street Week for a long time for its non-partisan commentary. But quite disappointed that they brought in Mr. Effron to talk about the presidential debate when he is clearly partisan in favor of Harris advising her in economic policy.
@colddogs4 күн бұрын
🎻
@EthelbertCoyote4 күн бұрын
He simply pointed out a trend the economy does better under Democrats. It's not an endorsement nor is it a guarantee, I don't see how it is clearly partisan? No one knows the future, shows like this are to analyze history and apply it to what we are seeing now. Just like the yield curve historical evidence does not predict everything but you have to bring it up. The rational middle has to constantly stamp down comments like this as radicals never see how neutral comments like these are. Is the quest hard on Trump yes, because he is not seeing attention where the guest would want it to be, that is it as far as I can see it.
@dipankarchatterjee94163 күн бұрын
More than anything we need balance, he provided a much more balanced view. Including the fact that Markets have done better under Democratic presidents because of Stability. Less chaos.
@raffymendoza11233 күн бұрын
@@dipankarchatterjee9416 While I agree that he had a somewhat balanced view, particularly in the second segment, I would still argue that Mr. Effron's statements on policies were skewed in that he didn't provide any caveats of possible risks of a Harris administration (e.g. he failed to mention Harris' track record as a career politician). Regardless of what he said, it is more incumbent for the show producers to choose someone who has little to no conflict of interest. Regarding the markets doing better under democratic presidents because of "stability" requires more nuance, especially considering the tremendous market volatility experienced over the past 2 years.
@alexanderclaylavin3 күн бұрын
Don’t worry, the house always wins.😊
@stwtn3 күн бұрын
Don't change the format of Wall Street Week, Bloomberg! The (generally) unbiased expertise on prevailing market topics is why I watch every single week. The new format looks to be the same old public relations for companies/industries that we see everywhere else and I unfortunately think I'll stop watching. Leave that to others, what you're doing now is higher value
@timcareynow3 күн бұрын
I have a bad feeling about this. ... destroying a great institution, Wall Street Week. Well, this near certain screw up will create an opening for someone else's version of WSW.
@seanhibbeler3 күн бұрын
Invest in Bitcoin before retiring by diversifying across assets, allocating a small portion of your portfolio, staying updated on market trends, and considering long-term holding to balance risk and growth.....
@jasondelph319318 сағат бұрын
@@seanhibbeler that’s right sean
@davidbucci9738 сағат бұрын
Blair is always great insight and commentary.
@adamoliver40944 күн бұрын
A difference not mentioned in the economic comparison of 2019 and 2023 was that the fiscal deficit in 2019 was about 4 percent of GDP and in 2023 it was 7 percent of GDP. One was high, the other was dangerous and unsustainable.
@cortlandjdmayberryshraderm96193 күн бұрын
With all due respect I do like my products from China I know a lot of good people from there I enjoy eating their food with them. But I'm sorry the leadership of China isn't helping shine up by being a bully Nation for how they want to help Russia be a bully Nation as well but also how China bullies Philippines which not enough people talk about that China has invaded numerous Islands from Philippines stolen an entire River or ocean from Philippines which was vital to Philippines revenue for it is rich in minerals Philippines needs to have all that given back to them by China so many people say that China is a bully Nation in Philippines is a star victim of China
@clifftanch3 күн бұрын
Not earning enough? Or not saving enough? That is the question for housing affordability. Compare homeownership between native-born Americans and second generation immigrants .
@TheGrasspond4 күн бұрын
There are so many ways to take this guy apart but let’s pick an easy one. Kamala is fiscally responsible etc etc. and he says it with a straight face. 😅
@samanthajones48774 күн бұрын
America can use some deflationary spirals.
@dirthgr4 күн бұрын
Ms. Deborah Lehr - Excellent overview re state of affairs in China. If she is willing to "share more" please invite her back; it is a deeper story still. And, more topic authorities in general please...especially re policy, macro, and global top-line business topics. (Gina Raimondo, Janet Yellen -- before or just after they leave office...these two have been "heroes" of the Biden Admin, IMO.)
@Financedude0072 күн бұрын
Thanks
@jeremiahdean49624 күн бұрын
So... where is $25,000 of tax payer money per home buyer going to come from?
@alexanderclaylavin3 күн бұрын
Those with three or more homes
@christidavis61824 күн бұрын
Wall Street Week 09/13/2024
@jaym9846Күн бұрын
If she is giving new home buyers $25K, how about making it retroactive to all who bought before?
@jorgipogi2 күн бұрын
Where is all that money coming from when government is paying over a trillion dollars in interest payments only? Taxes.
@clifftanch3 күн бұрын
Fairness was a foundational principle of taxation for the late Richard Musgraves at Harvard. This idea of taxing unrealized capital gains is the most unfair proposal I’ve heard in my life. It’s crazy; but these sorts of ideas proliferate as punishment if we neglect fiscal prudence for decades.
@gmac85863 күн бұрын
@3:40 How is she going to pay for this? "She is incredibly focused on fiscal discipline..." BULLSH!T🤣🤣 ...and yeah, good luck with the billionaire's tax. Believe it when I see it.
@williamviggiano23654 күн бұрын
Decouple from China.
@innajohnson51662 күн бұрын
Why should I, single mother working two jobs to pay my bills pay more taxes that someone get $25000 gift to buy house? Lies of government is nauseous Leave people alone!
@ArabicReja9733 күн бұрын
Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing. - Exports and imports, accounting for 37% GDP, are down. - Foreign investment (FDI) is falling over 90%, lowest in 3 decades. - Foreign visitors are down 96% compared to the pre-pandemic level in 2019. *- Consumer prices are experiencing deflation.* - Youth unemployment hits over 21%, a record. - Its fast-shrinking workforce is 10 years older than neighboring countries. *Still, China keeps reporting outrageous GDP numbers.* Lol Where does the growth come from?
@joem00883 күн бұрын
you numbers are all wrong. You can track China trade balance using foreign custom data. Aggregation of WW custom data shows China trade surplus over 800B$ in 2023, and heading to 1Trillion in 2024. With this inflow who needs FDI ? And how do you have such export vol without healthy industries ? China's trade surplus as tracked by foreign customs shows your number are all wrong.
@AhmetTekin1013 күн бұрын
@@joem0088That's included in the Export/Import. They are both down.
@AbuSayyaf9633 күн бұрын
China collapses again? It's been barking like this since your grandfather. .
@jazzman71672 күн бұрын
What about the USA numbers, fake job growth, all the numbers will get revised again.
@cortlandjdmayberryshraderm96193 күн бұрын
Sure miss those flashbacks or from the archives usually presenting Louis Ruchauser especially now would be a perfect time to have those flashbacks especially with what he had to say with balancing the federal budget back then
@alexanderclaylavin3 күн бұрын
Tariff ship has sailed boys, and both sides are onto it, so work around that one.
@clifftanch3 күн бұрын
Bringing $500 billion of illicit activity into the corral - what could go wrong?
@ReneZanini-pw7zb3 күн бұрын
Great to hear about the new format taking the current content to the next level. Sure looking forward to seeing this value added editions.
@dipankarchatterjee94163 күн бұрын
Good interview with Blair Effron of Centerview. Thought it was balanced. He’s right to point out Markets have done better under Democratic presidents because of better balance. Less Chaos. Better balance between legislative and executive branches in general.
@zhiweicai303012 сағат бұрын
Neither supply nor demand pronlem
@alalfred34742 күн бұрын
Duties or income tax increases will harm GDP either way. However, democrat tax policies tend to rub rich to pay poor. Republicans tend to have everybody suffer a bit. I remember an old joke my boss told me decades ago: politicians already have their hands in my right pocket but democrats want to their hands in my left pocket too!
@cheersmodreams6913 күн бұрын
Let's not forget the impact of Airbnb on rents. In my small AZ town, Airbnbs have consumed many properties that were previously marketed as rental units and the AZ state government forbids local governments from enacting ordinances that would deal with the problem.
@cortlandjdmayberryshraderm96193 күн бұрын
We will need to be careful about more land developing for more housing decades from now the population is expected to taper off because the population has been said to be growing at a slower rate. We also need to be careful about all this development that has already been going on as to why there have been foxes and bears going into develop neighborhoods before they get driven away from development that's been going on too close to them
@AlmaMercer3 күн бұрын
We know what she says she's going to do, what of Congres? What of senate ? Executive orders on the go so far
@robertovt4 күн бұрын
Looking forward to the new generation of WSW!!!!
@jamesmorris9134 күн бұрын
Why? Is the new version not supposed to be so politically-slanted in favor of left-wing, Marxist, globalist, elitist, jackass; like the first guest that they squandered almost half the show on? If I want unmitigated COMMUNISM shoved down my throat..I'll subscribe to Pravda.
@palirvin18714 күн бұрын
Why bring on an advisory to Harris for a financial show to share his biased opinion on the debate. Please tell me one thing, 1 thing, that Harris has done in her career showing any knowledge of business or finance or managing a budgeted enterprise or government? Right. Harris is running for President, fine, but don't waste my time telling me that she is relevant to Bloomberg. Puke! I will say thanks for putting this at the beginning of the show, first thing, so I can tune to another video and not waste 47 minutes of my time.
@markmoore70743 күн бұрын
Why not do this now?
@user-bp1nk3ip9w2 күн бұрын
Sharma isnt American...he doesn't know what hes talking about..come on producers..seriously
@FroggyTWrite4 күн бұрын
well if the cable companies were not so greedy and did not charge 120+ a month more people would probably have it
@cheersmodreams6913 күн бұрын
No.1, General tariffs are a regressive tax that would impact low and middle-class consumers the most because many of the items at Walmart and other discount stores are made in China. No. 2, the Trump trade would favor defensive stocks because Trump's economic plans are highly inflationary and would force a reversal of monetary policy. The Harris trade, ???. No.3, Harris's intention to be fiscally responsible, i.e. raise taxes, would require Republican support which is highly questionable.
@nygariottley2453 күн бұрын
Wow, the fix is in. I feel sorry for the rest of the world. A war is coming to a neighborhood near you. I feel sorry for the loyal AM inhabitants in this country, same s)(!+ different underwear. And it starts with kisses and end with tears for innovative companies and startups. This country needs a reset. Trump Bigotry got the best of him. But some ideas for the country need to be applied. We can’t Roman Empire decline this place as yet. ( Inflation speed it up)
@JoanBirch-v5o4 күн бұрын
Mr. Blair Effron was one of the best guest you have had. It would be great if he could be a regular contributor to WSW, he is very articulate, knowledgeable, and a pleasure to watch.
@TinaChang-bj4jw4 күн бұрын
Regarding the critics on the subsidies plan on housing loans, there is a live case happening in Taiwan to refer to. To lure people to vote for incumbent DPP,a government sponsored program is released last August and will end in July 2026. Only a year, house prices surged to an incredible degree 😢. Here, the overall house price to income ratio is 22 already in 2023!
@cheersmodreams6913 күн бұрын
The Harris White House needs to create a federal commission to study and provide recommendations for deregulation. Also, a down payment subsidy is a mistake.
@richardshallop29803 күн бұрын
Gaslighting!! When you take away COVID and the housing market crash numbers are significantly different Then te rebound of TARP 1 &2 and the reopening of the economy those numbers are very different As I mentioned gaslighting
@basilrichards42052 күн бұрын
Ephron is a disgrace - out of touch ....
@twhelostl613 күн бұрын
Quid Pro Quo - Something for Something. The US partnered with China and decades later the dance is slowing. Ironically both real estate sectors are hurting. China has a glut of properties and ours a deficit. Monetary policies can be adjusted to mend imbalances. Tariffs would be a mistake. Many products we buy at major retail stores depend on this relationship. The tech stuff that is developed in Taiwan must coexist. I am worried about national security issues that may fracture our delicate relationship there.
@oppenheim23 күн бұрын
Only in CA so far are ADU’s, build a rental or granny/young adult child living unit on a property without increasing property taxes on the property.
@patrickyk19003 күн бұрын
It appears that the housing issues are more local than national to be addressed by the president. Kamala proposal to give handout to new buyer will just inflate the price of housing like college tuition because the developers know that too.
@321kevo3 күн бұрын
that first guys is so full of dog poo poo 😂😂😂 enjoy 💅 little one :-*
@dirthgr4 күн бұрын
Mr. Blair Effron - please have him on at least once each quarter...he has an admirable ability to make muddy waters clear...
@chrisleo66392 күн бұрын
SMEs?
@kenbingwa2 күн бұрын
Blair Effron is such a liar
@myles81173 күн бұрын
Blair Effron stud jus Sweating for (Her)
@diylong4 күн бұрын
Completely misleading idiotic argument about house prices. The prices didn't go up because of fewer houses being built. They went up because of free money which went to asset price inflation in all assets...that has gone on from late 1990's. And because of fiscal profligacy there is a lot of money in the system still which will prevent prices falling. The issue of millennials and gen-z not being able to buy is for those without richer boomer parents. Building more will simply mean more assets get cornered by the rich...so this is a fiscal (tax) and monetary (interest rate) issue in the near future.
@humanity28003 күн бұрын
❤ 😇
@joem00884 күн бұрын
China's deflation ? Only in housing prices.
@jackjanpour85324 күн бұрын
That's what we need here! Lower housing prices.
@joem00884 күн бұрын
@@jackjanpour8532 When Bloomberg say deflation spiral they mean Chinese buying 100 RMB bag instead of 2000$ VL hand bag. This recentment of Global brands' underperformance in China is their meaning of deflation.
@MD975314 күн бұрын
Chinese have a huge portion of their life savings in housing. With prices going down it reduced their net worth, puts them under huge financial strain meaning they can’t afford expensive things and that is why there is a deflationary cycle.
@jackjanpour85323 күн бұрын
@@joem0088 I don't care. We need deflation here too.
@jackjanpour85323 күн бұрын
@@MD97531 Have you look at North America numbers? How many home owners don't have retirements? look up. 2008 recession.
@timcareynow3 күн бұрын
Please don't F* Up Wall Street Week
@MrKenng1234 күн бұрын
Trump 2024 MAGA. Thank you folks. 😅😊
@acextensionsinc4 күн бұрын
🙏🏼✨🙏🏾
@anthonyyoung64892 күн бұрын
Our housing affordability is your thesis for what’s wrong with capitalism then you obviously know nothing about communism where the prc has seen in real terms increase in housing prices that dwarf anything we’ve seen in the western hemisphere. In real terms in the last decade Chinese housing has crushed the rate of appreciation of America and Canada and Australia combined. Finallly peaking in 2022.