Allison Schrager, Senior Fellow at the Manhattan Institute, discusses her Bloomberg Opinion column on why the widely accepted idea that rates will eventually fall back to pre-pandemic levels is based on economic theories that may turn out to be backward. Bloomberg Businessweek Markets and Finance Editor Pat Regnier and Bloomberg News Wealth Reporter Anders Melin provide the details of the Businessweek Magazine cover story The Big Short That Cost India’s Adani Empire $100 Billion. Bloomberg Businessweek Editor Joel Weber and Bloomberg Technology Co-Host Ed Ludlow talk about Ed's Businessweek Magazine story The Little Research Firm That Took On India’s Richest Man. Bloomberg News Entertainment Reporter Lucas Shaw breaks down Disney's dramatic restructuring, including 7,000 job cuts and $5.5 billion in cost savings. And we Drive to the Close with Sylvia Jablonski, CEO & CIO at Defiance ETFs.
Host: Carol Massar. Producer: Paul Brennan.