A divided US Supreme Court cleared the way for President-elect Donald Trump’s sentencing in his hush money criminal case, dealing him a setback as he prepares to begin his second term in office. For reaction and perspective, host Doug Krizner speaks with Bloomberg legal analyst and host of Bloomberg Law, June Grasso.

A divided US Supreme Court cleared the way for President-elect Donald Trump&rsquo;s sentencing in his hush money criminal case, dealing him a setback as he prepares to begin his second term in office. For reaction and perspective, host Doug Krizner speaks with Bloomberg legal analyst and host of Bloomberg Law, June Grasso.

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  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 bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <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: Supreme Court Allows Trump Sentencing 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/f0f9520a-2986-4261-8b9f-b261001aa3c1/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil.

Following an earlier slide in the S&P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and other vessels through the world’s most-critical energy chokepoint. Oil prices waned in post-settlement trading, with Brent trading near $80 a barrel.

The war in the Middle East reverberated across the region, with Israel bombarding Tehran in a fresh wave of strikes. The Islamic Republic fired missiles at Qatar, Bahrain and Oman, with Doha saying targets weren’t limited to military interests. Qatar and Iraq halted production at major energy sites.

With the conflict disrupting shipments, fuel costs have been on the rise. A sustained surge in prices for diesel — used in freight, power and heating — could add to the cost of transportation — a key inflation component. Gasoline has also surged, intensifying those risks.

Today's show features:
Connor Teskey, CEO of Brookfield Asset Management, on the company’s expansion in infrastructure and transition investing
Lynn Martin, President of the New York Stock Exchange, on the IPO pipeline, issuer readiness, and broader market valuation
John Rogers, Founder and CEO of Ariel Investments, on value investing strategies and the debate over US exceptionalism vs. market concentration risk
Alex Rodriguez, Chairman & CEO of A-Rod Corp, on sports as an institutional asset and rising valuations, as well as the latest season of The Deal

The people, companies and trends shaping the global economy.
Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.
A selloff in stocks and bonds was trimmed as assurances on American action to secure shipping lanes through the Strait of Hormuz amid the Iran war pared what had been an over 9% surge in oil.
Following an earlier slide in the S&amp;P 500 that reached 2.5%, the equity benchmark dropped less than 1%. President Donald Trump said the US will escort and insure tankers and other vessels through the world&rsquo;s most-critical energy chokepoint. Oil prices waned in post-settlement trading, with Brent trading near $80 a barrel.
The war in the Middle East reverberated across the region, with Israel bombarding Tehran in a fresh wave of strikes. The Islamic Republic fired missiles at Qatar, Bahrain and Oman, with Doha saying targets weren&rsquo;t limited to military interests. Qatar and Iraq halted production at major energy sites.
With the conflict disrupting shipments, fuel costs have been on the rise. A sustained surge in prices for diesel &mdash; used in freight, power and heating &mdash; could add to the cost of transportation &mdash; a key inflation component. Gasoline has also surged, intensifying those risks.
Today's show features:
<ul>
<li>Connor Teskey, CEO of Brookfield Asset Management, on the company&rsquo;s expansion in infrastructure and transition investing</li>
<li>Lynn Martin, President of the New York Stock Exchange, on the IPO pipeline, issuer readiness, and broader market valuation</li>
<li>John Rogers, Founder and CEO of Ariel Investments, on value investing strategies and the debate over US exceptionalism vs. market concentration risk</li>
<li>Alex Rodriguez, Chairman &amp; CEO of A-Rod Corp, on sports as an institutional asset and rising valuations, as well as the latest season of The Deal</li>
</ul>

Stocks Pare Oil-Fueled Rout on Trump’s Assurances

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7cce7c51-8e2d-432d-9d4f-b40201779021/transcript

Money manager Danny Moses, immortalized in The Big Short, said last week that private credit and private equity firms’ push into retail products reminds him of the years preceding the subprime mortgage crisis. The comments, made during a panel at the iConnections Global Alts conference in Miami Beach, Florida, came as business development companies — funds that pool direct loans — face a surge in redemptions amid growing concerns over lending standards. Private capital firms have begun to more aggressively court individual investors in recent years, fueling worries that a wave of withdrawals from mom-and-pop savers could strain a market built on hard-to-sell assets.

Moses, the Founder of Moses Ventures, LLC, expands on his credit market commentary and delves into the business of prediction markets, while also reacting to expansive remarks from JPMorgan CEO Jamie Dimon about the investing environment amid renewed military conflict in the Middle East. Danny speaks with Carol Massar, Tim Stenovec and Bloomberg News Equities Reporter Alexandra Semenova on Bloomberg Businessweek Daily.

Money manager Danny Moses, immortalized in The Big Short, said last week that private credit and private equity firms&rsquo; push into retail products reminds him of the years preceding the subprime mortgage crisis. The comments, made during a panel at the iConnections Global Alts conference in Miami Beach, Florida, came as business development companies &mdash; funds that pool direct loans &mdash; face a surge in redemptions amid growing concerns over lending standards. Private capital firms have begun to more aggressively court individual investors in recent years, fueling worries that a wave of withdrawals from mom-and-pop savers could strain a market built on hard-to-sell assets. Moses, the Founder of Moses Ventures, LLC, expands on his credit market commentary and delves into the business of prediction markets, while also reacting to expansive remarks from JPMorgan CEO Jamie Dimon about the investing environment amid renewed military conflict in the Middle East. Danny speaks with Carol Massar, Tim Stenovec and Bloomberg News Equities Reporter Alexandra Semenova on Bloomberg Businessweek Daily.

"Big Short" Legend Danny Moses on Dimon, Private Credit, Prediction Markets 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3cf5f6e9-3160-4eb9-a15e-b4010173f5fa/transcript

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

Oil surged as the Iran war threatened to snarl shipping lanes, stoking inflation fears that pummeled bonds amid diminishing odds for a rate cut. The dollar rose. Stocks erased losses.
Also weighing on Treasuries were figures showing manufacturing expanded, with input prices jumping. Ten-year yields headed toward their biggest advance since April. The S&P 500 was little changed after a slide that earlier topped 1%. Energy and defense shares gained. Several tech firms with solid balance sheets rallied. Airlines sank. Gold topped $5,300.

The near halt to traffic through the Strait of Hormuz and disruption at a big refinery in Saudi Arabia underscored the threat to oil supplies. West Texas Intermediate jumped 6.3% to settle at $71.23. European natural gas prices soared as Qatar shut the world’s largest LNG export plant.

As US-Israeli strikes on Iran reverberated across the Middle East, President Donald Trump called on the nation’s leaders to capitulate, while the Islamic Republic’s security chief ruled out negotiations. US Defense Secretary Pete Hegseth rejected the idea of an “endless” war.

Today's show features:
Michael Contopoulos, Deputy Chief Investment Officer at Richard Bernstein Advisors, on the equity and fixed income market reaction to the latest armed conflict in the Middle East
Mona Yacoubian, Director and Senior Adviser, Middle East Program at the Center for Strategic and International Studies, on the major Middle East escalation as the US and Israel battle against Iran and its proxies
Marcelo P. Lima, Founder and Managing Partner at Heller House, on the threat of AI to fintech jobs following Block’s 40% staff reduction
Cole Smead, Chief Executive Officer and Portfolio Manager of Smead Capital Management, on the energy market reaction to the military action across the Middle East

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>. Oil surged as the Iran war threatened to snarl shipping lanes, stoking inflation fears that pummeled bonds amid diminishing odds for a rate cut. The dollar rose. Stocks erased losses. Also weighing on Treasuries were figures showing manufacturing expanded, with input prices jumping. Ten-year yields headed toward their biggest advance since April. The S&amp;P 500 was little changed after a slide that earlier topped 1%. Energy and defense shares gained. Several tech firms with solid balance sheets rallied. Airlines sank. Gold topped $5,300. The near halt to traffic through the Strait of Hormuz and disruption at a big refinery in Saudi Arabia underscored the threat to oil supplies. West Texas Intermediate jumped 6.3% to settle at $71.23. European natural gas prices soared as Qatar shut the world&rsquo;s largest LNG export plant. As US-Israeli strikes on Iran reverberated across the Middle East, President Donald Trump called on the nation&rsquo;s leaders to capitulate, while the Islamic Republic&rsquo;s security chief ruled out negotiations. US Defense Secretary Pete Hegseth rejected the idea of an &ldquo;endless&rdquo; war. Today's show features:
<ul>
<li>Michael Contopoulos, Deputy Chief Investment Officer at Richard Bernstein Advisors, on the equity and fixed income market reaction to the latest armed conflict in the Middle East</li>
<li>Mona Yacoubian, Director and Senior Adviser, Middle East Program at the Center for Strategic and International Studies, on the major Middle East escalation as the US and Israel battle against Iran and its proxies</li>
<li>Marcelo P. Lima, Founder and Managing Partner at Heller House, on the threat of AI to fintech jobs following Block&rsquo;s 40% staff reduction</li>
<li>Cole Smead, Chief Executive Officer and Portfolio Manager of Smead Capital Management, on the energy market reaction to the military action across the Middle East</li>
</ul>

Treasuries Sink as Oil Jumps on Iran War, Stoking Inflation Fears

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6a93a41b-1066-4db2-a419-b40101716338/transcript

Instant Reaction: Supreme Court Allows Trump Sentencing

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