Wall Street Week 05/17/2024

On this edition of Wall Street Week, Rick Rieder, BlackRock Global Chief Investment Officer of Fixed Income and Head of the Global Allocation Team takes a contrarian view on how the Fed should tame inflation. Elizabeth Krear, J.D. Power Vice President, Electric Vehicle Practice tells us what tariffs on EVs from China could mean for US consumers. Paul J. Taubman, PJT Partners Founder, Chairman and CEO says the US government's view of antitrust is having a chilling effect on deals.
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More on Bloomberg Television and Markets

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[@momchi2]

Finally, David you are back! Thank you :)

[@user-yy9hk9od9u]

There is no case for rate cuts. Inflation is too high right now.

[@InnocentCardGame-sz2be]

Watch growth stall. I don't have faith that fiscal spending can lubricate all cylinders of the economic engine.

[@deadshaper1]

3.36% looks pretty damn good to the rest of the world.

[@well2thebone]

The Dutch East India Company (VOC) is credited with being the first company to offer shares of its business to the public, in August 1602

[@aleksandrapopov1676]

An excellent and insightful show!!!

[@dipankarchatterjee9416]

David good interviews with Rick Reider and Paul Tubman!! Informative!!

[@MrTigerStarX]

I'm not sure why Rick is on the show he has not had anything useful to say in several years.

[@davidbeckwith1408]

You notice that too? Brilliant man, but these past 'several years' he cannot finish a thought without jumping into another thought. Ten minutes of gibberish, poor guy. I challenge anyone to explain what he said.

[@deadshaper1]

I gleaned plenty from what he said. Maybe English is your 2nd or 3rd language.... or maybe your writing froma Russian troll farm.

[@davidbeckwith1408]

@@deadshaper1 Rather than criticizing ME, why don't you explain what HE said.

[@leonardo03231315]

Rick was great 👍🏻

[@FF_Gaming32]

Top-notch team at Revux - expecting big developments soon!

[@user-hb2ku5oq5r]

There will be an inflection point in monetary policy this year??

[@swaep114]

Fisker..* FSRN.. Up 78 % week and 40 % month..Recent press releases. The EV sector charging stocks climbed Double-digits this week.. Evgo....Plug....Chargepoint... Blink Charging. Also Xos trucks and Lillium Evtol Jets. Also loading the EV Dips in May. ?

[@jessiemartinfostersr.6067]

REALLY WHAT DIFFERENCE DOES IT MAKE WHERE THE CARS ARE MANUFACTURED AS LONG AS THE QUALITY IS MADE ...

[@Bullionking21]

​@SeekingAlfalfa I swe what you mean, the fiscal and monetary policy are a joke and markets are overvalued and inflated.

[@eltonlumban-gaol9781]

No I completely agree but too much reliance on 1 country has gotten us into trouble before, I think that's the angle they were looking at

[@MikeTakeProfit]

It matters because if they are made in the US it creates jobs, incomes and will strengthen the economy, building cars outside gives other countries jobs and an income therefore taking money out of the USA and into their countries pockets

[@well2thebone]

it was John Rolfe who in 1612 obtained Spanish seeds, or Nicotiana tabacum, from the Orinoco River valley-seeds that, when planted in the relatively rich bottomland of the James River, produced a milder, yet still dark leaf that soon became the European standard.

[@DevYadav-sn7fr]

Increased my holdings in Revux - feeling confident about this one!

[@AyanKhan-rw2en]

Tracking Revux development - impressed with the progress!

[@davidbeckwith1408]

@4:40 Interest Payments of US Households - is this graph adjusted for inflation? $1 in 1980 is $3.61 today. Another factor is population increase = more 'Households'. A better comparison is Payments per Household. Even this is simply an average. We know from the FED that lower tier consumers are taking on more debt. Which revolving credit companies lend to lower (earnings) tier consumers? How are they doing?

[@well2thebone]

Founded in 1982, SFNTC became a subsidiary of R.J. Reynolds when it acquired the company in 2002

[@LaxmiPatil-jt1bh]

Revux and Shopify's partnership is a potential mainstream explosion!

[@Sanatani3.0-dn4kk]

Revux promising roadmap signals exciting times ahead!

[@arshzxc-vlog]

In the next bull run, watching DOT, VRA, SOL, and not overlooking Revux RVX!

[@InnocentCardGame-sz2be]

Rate cut or hike. It's mostly psychological. From 5%. A 0.25% hike or cut isn't going to be as impactful as it would be from 0%. Inflation from fiscal spending isn't lasting. Unless it's continuously pumped into economy without pauses. Like we saw from jan-mar. That felt artificial. April and may showing that fiscal spending Inflation isn't lasting. But neither is growth. Need growth to sustain higher rates. Or else we fall right back down to lower rates of 2%. Not 4%. Central banks are getting ready to ease. U.S. would be in the same position, if it wasn't for fiscal spending. Yet fiscal spending can't reach all aspects of the economy. Like a rate cut. Need to uninvert the yield curve to assess the neutral rate. And how high it's gotten.

[@well2thebone]

Bloomberg: Privately held: Lego Privately held

[@Barr894]

How will they cut rates- bond investors will sell off as soon as they do, forcing long term bond yields higher. It will an economy where short term rates, controlled by the fed,are low, and long term rates set by the bond market, are high.

[@christidavis6182]

Wall Street Week 05/17/2024

[@well2thebone]

Congratulations to Joe Camel: Character of the Year!!!

[@ImranRaja-sz2hh]

Revux low presale price is a steal. Time to load up!

[@well2thebone]

Natural American Spirit became popular with celebrities, with Sean Penn, Joni Mitchell, and Gwyneth Paltrow praising the cigarette in magazine interviews and Mac Miller having the company logo tattooed on his chest.

[@well2thebone]

Bloomberg assumed office as the 108th mayor of New York City on January 1, 2002.

[@InnocentCardGame-sz2be]

Fed can wait. Let's see if the economy can sustain growth. And calls for rate cuts may dissipate. But im not going to rely on fiscal spending to maintain these rates if the economy can't.

[@jamesmorris913]

Until the national debt comes down to something close to SANITY, there's no way that interest rates (short end) can possibly drop, appreciably.

[@c46236]

Despite rational expectations rates may be cut to further fuel inflation and ease debth cost. The war is always financed with two instruments: deficit spending and inflation.

[@well2thebone]

In September 2015, Japan Tobacco International paid $5 billion for the right to manufacture and sell Natural American Spirit in Asia and Europe.

[@well2thebone]

Meet Winston's Finest:

[@napoleonsmith7793]

Why? Thats worse.

[@Barr894]

Cut rates, then watch inflation fly.

[@josbertoromero2927]

Inflation is still far above target and we have a huge deficit pumping money into economy. Lower interest rates would fuel inflation even more. First the deficit I’d 2+ trillion needs to be zeroed.

[@thaddeus46]

Investors and citizens are being slowly gaslit into MMT.

[@well2thebone]

Dow Jones Closes Above 40,000 With Stock Market At Highs; All Eyes On Nvidia Earnings

[@well2thebone]

a story of what could have been

[@well2thebone]

Going Public: What It Means, How It Works

[@paulreynolds2569]

46:20 - 47:50 - The Ultimate Headfake?

[@well2thebone]

7 is a number

[@well2thebone]

you are lost in translation

[@well2thebone]

Microsoft Excell meets AI - finance gone

[@friggenbozo4495]

grifters.

[@Irontrader.Wallstreet]

There will be NO rate cuts Inflation is Waaaay to high - food / auto`s / rent / housing / gasoline / eating out / hotels etc the last thing the FED is going to do is cut rates then have to raise them Irontrader.Wallstreet