Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance as the Fed lowered interest rates for a third time, but reined in the number of cuts they expect in 2025.

Bloomberg's Tom Keene, Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance as the Fed lowered interest rates for a third time, but reined in the number of cuts they expect in 2025.

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Instant Reaction: Jay Powell on Fed Policy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e30ed0c1-2000-4fde-982e-b24a015eff18/transcript

Tuesday’s stock-market slide was what one Wall Street strategist called a “chip-wreck.”The semiconductor companies that have led this year’s stock-market advance with triple-digit percentage gains were suddenly hit with a wave of doubts about the sustainability of the AI-driven rally. 

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

On this episode, Tim Stenovec and Carol Massar speak with:
Amanda Lyons, Head of Research, Energy Group Capital
Sean Gadd, CEO of Latham Group
Katherine Kostereva, CEO of Creatio
Gracelin Baskaran, Director, Critical Minerals Security Program at the Center for Strategic and International Studies

Tuesday&rsquo;s stock-market slide was what one Wall Street strategist called a &ldquo;chip-wreck.&rdquo;The semiconductor companies that have led this year&rsquo;s stock-market advance with triple-digit percentage gains were suddenly hit with a wave of doubts about the sustainability of the AI-driven rally.&nbsp;
The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.
On this episode, Tim Stenovec and Carol Massar speak with:
<ul>
<li>Amanda Lyons, Head of Research, Energy Group Capital</li>
<li>Sean Gadd, CEO of Latham Group</li>
<li>Katherine Kostereva, CEO of Creatio</li>
<li>Gracelin Baskaran, Director, Critical Minerals Security Program at the Center for Strategic and International Studies</li>
</ul>

US Chip Stocks Plunge as AI Selloff Ripples Across From Asia

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cca9875e-d53c-44be-a5b0-b4720171040d/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

SpaceX is selling investment-grade bonds for the first time in what’s expected to be the start of a massive borrowing spree to fund the company’s AI ambitions following its record $75 billion IPO.
Banks including Goldman Sachs Group Inc. are arranging calls with investors on Monday, according to a person with knowledge of the matter, who asked not to be identified because they’re not authorized to speak publicly. A bond sale is expected to follow, with maturities of between five and 30 years, according to the person.

For more, Carol Massar Tim Stenovec speak with Robert Schiffman, Bloomberg Intelligence Senior Technology Credit Analyst

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. SpaceX is selling investment-grade bonds for the first time in what&rsquo;s expected to be the start of a massive borrowing spree to fund the company&rsquo;s AI ambitions following its record $75 billion IPO. Banks including Goldman Sachs Group Inc. are arranging calls with investors on Monday, according to a person with knowledge of the matter, who asked not to be identified because they&rsquo;re not authorized to speak publicly. A bond sale is expected to follow, with maturities of between five and 30 years, according to the person. For more, Carol Massar Tim Stenovec speak with Robert Schiffman, Bloomberg Intelligence Senior Technology Credit Analyst

SpaceX Bankers Kick Off Marketing for Debut High-Grade Bond Sale

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/727e6449-e47f-4f97-80fe-b4710151e3b8/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Alan Greenspan, the Federal Reserve chairman proclaimed a wizard for guiding a then-record US economic expansion, only to see his luster dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100.

He died on Monday at his home in Washington, according to a statement by his wife, Andrea Mitchell, chief Washington correspondent for NBC News. The cause was complications of Parkinson’s disease.

Greenspan’s 18 years as Fed chief, from 1987 until his retirement at the start of 2006, were marked by a stock market boom and low unemployment. More so than the four presidents he served under or the seven Treasury secretaries he worked alongside, Greenspan was seen as the maestro who kept the economy humming.

In a statement on Monday, the Fed said, “Chairman Greenspan’s legacy endures at the Federal Reserve — in those he mentored directly, in the economists and public servants he inspired, and in the frameworks and practices he helped shape.”

On this episode, Carol Massar Tim Stenovec speak with:
Betsy Duke, Former Federal Reserve Governor, Former Wells Fargo Chair, Former American Bankers Association Chair on Alan Greenspan legacy
Jim Caron, Portfolio Solutions Group CIO at Morgan Stanley Investment Management on Fed, Greenspan, US vs ROW equities, rates, credit, macro and 2H outlook

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Alan Greenspan, the Federal Reserve chairman proclaimed a wizard for guiding a then-record US economic expansion, only to see his luster dimmed by the financial crisis that erupted less than two years after he stepped down, has died. He was 100. He died on Monday at his home in Washington, according to a statement by his wife, Andrea Mitchell, chief Washington correspondent for NBC News. The cause was complications of Parkinson&rsquo;s disease. Greenspan&rsquo;s 18 years as Fed chief, from 1987 until his retirement at the start of 2006, were marked by a stock market boom and low unemployment. More so than the four presidents he served under or the seven Treasury secretaries he worked alongside, Greenspan was seen as the maestro who kept the economy humming. In a statement on Monday, the Fed said, &ldquo;Chairman Greenspan&rsquo;s legacy endures at the Federal Reserve &mdash; in those he mentored directly, in the economists and public servants he inspired, and in the frameworks and practices he helped shape.&rdquo; On this episode, Carol Massar Tim Stenovec speak with:
<ul>
<li>Betsy Duke, Former Federal Reserve Governor, Former Wells Fargo Chair, Former American Bankers Association Chair&nbsp;on Alan Greenspan legacy</li>
<li>Jim Caron, Portfolio Solutions Group CIO at Morgan Stanley Investment Management on Fed, Greenspan, US vs ROW equities, rates, credit, macro and 2H outlook</li>
</ul>

Remembering Former Fed Chairman Alan Greenspan

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/035fa4b7-b8f2-4e7a-aa90-b471015e6f12/transcript

Instant Reaction: Jay Powell on Fed Policy

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