Bloomberg Audio Studios, podcasts, radio news, the press conference last night. I'll be honest, I watched every minute the truthless folks. I rarely watch this stuff. I've got so many good people telling me what happens that there's no reason for me to watch it. But I made an exception last night for this historic moment for all Americans of whatever political persuasion you are. By chance today it wasn't an overt chance, but we talked to two people. Between them, I'm sorry, one ten undred and twenty years of experience in our economics, finance, investment, international relations, and the culture of Wall Street. Bob Hormat's was definitive at Gulden Sachs International, taking on all sorts of public duties for the nation. Ambassador Harmon's ended up working for Secretary Clinton and economics a very active period, I would say, for the Secretary and for the Under Secretary Robert Hormats. We talked about China he just got back. We talked about this, We talked about that, but I felt I had to have a responsible question from the eighty one year old Robert Hormatz.

Bloomberg Audio Studios, podcasts, radio news, the press conference last night. I'll be honest, I watched every minute the truthless folks. I rarely watch this stuff. I've got so many good people telling me what happens that there's no reason for me to watch it. But I made an exception last night for this historic moment for all Americans of whatever political persuasion you are. By chance today it wasn't an overt chance, but we talked to two people. Between them, I'm sorry, one ten undred and twenty years of experience in our economics, finance, investment, international relations, and the culture of Wall Street. Bob Hormat's was definitive at Gulden Sachs International, taking on all sorts of public duties for the nation. Ambassador Harmon's ended up working for Secretary Clinton and economics a very active period, I would say, for the Secretary and for the Under Secretary Robert Hormats. We talked about China he just got back. We talked about this, We talked about that, but I felt I had to have a responsible question from the eighty one year old Robert Hormatz.

I'd make a broader point, which gets just what you're saying that age really is not the central issue. The issue for people, and I'm in my eighties is how much energy you have and how you project yourself and how well your mind works and your body works. So I would say that all this emphasis on how many, how old he is is not really the issue, and people have to judge for themselves the other elements of age.

I'd make a broader point, which gets just what you're saying that age really is not the central issue. The issue for people, and I'm in my eighties is how much energy you have and how you project yourself and how well your mind works and your body works. So I would say that all this emphasis on how many, how old he is is not really the issue, and people have to judge for themselves the other elements of age.

It was great to speak today, Josh Wingrove. You had a question right near the end of the press conference that brought the silence the room. I should say to silence. Ann re Horden in attendance as well. An important interview by anriy Horden today with the outgoing leader of NATO, the former Prime Minister of Norway, Jen Stoltenberg. Just so much going on into the weekend, and who knows where we'll be Monday morning. Again, thank you to Margaret Brennan of CBS Facecination for being with us. It's a wonderful joy to have Facination on Bloomberg Radio Sunday afternoons at two pm. That's become hugely popular for us. Lots going on and on the markets, of course, turning back to Wall Street, the oddity here of the quiet out there. You see that in the Vix, which I quote a lower number is a quiet. To get to fifteen is quiet. We've been duration here at twelve, even dipping down to the super quiet. The bull market of an old eleven handle on the Vicks the quietest out there. But within that are some of the excesses of Wall Street. George Ball was definitive across Wall Street of a time ago. George Ball formerly was E. F. Huttney. Here on modern day Wall Street.

It was great to speak today, Josh Wingrove. You had a question right near the end of the press conference that brought the silence the room. I should say to silence. Ann re Horden in attendance as well. An important interview by anriy Horden today with the outgoing leader of NATO, the former Prime Minister of Norway, Jen Stoltenberg. Just so much going on into the weekend, and who knows where we'll be Monday morning. Again, thank you to Margaret Brennan of CBS Facecination for being with us. It's a wonderful joy to have Facination on Bloomberg Radio Sunday afternoons at two pm. That's become hugely popular for us. Lots going on and on the markets, of course, turning back to Wall Street, the oddity here of the quiet out there. You see that in the Vix, which I quote a lower number is a quiet. To get to fifteen is quiet. We've been duration here at twelve, even dipping down to the super quiet. The bull market of an old eleven handle on the Vicks the quietest out there. But within that are some of the excesses of Wall Street. George Ball was definitive across Wall Street of a time ago. George Ball formerly was E. F. Huttney. Here on modern day Wall Street.

Wall Street is a very different path than the one that I grew up in, and that's probably good. Everything evolves. The retail investor now is much more into index funds, and they're broader, much less involved in the frenzy of individual stock trading, except and this is key to the overwhelming volume in one day term options and very short term options is really driving.

Wall Street is a very different path than the one that I grew up in, and that's probably good. Everything evolves. The retail investor now is much more into index funds, and they're broader, much less involved in the frenzy of individual stock trading, except and this is key to the overwhelming volume in one day term options and very short term options is really driving.

The market today.

The market today.

And you can call that investment. It's not. It's pure speculation. Is ambling, you know, and that's not constructor. I don't think there's anything that can be done about it.

And you can call that investment. It's not. It's pure speculation. Is ambling, you know, and that's not constructor. I don't think there's anything that can be done about it.

It was good to have Damian Sasar with me. We talked about that. The whole speculation that's out there seems like within the path to every crisis, there's a speculation unseen. You wonder what the shadows are here. Not so much you know, the gloom of end of the summer and in the next into late twenty and twenty four, but the shadows developing now for twenty twenty six or others within our capitalism and the boom and bust that's never going to go away from any of us. It's been an extraordinary week. I'm going to keep it short. Today we do six minutes of smart Well. We're gonna give you a lesson that today. Because it's Friday, you've got to move on. Thank you so much for tuning in on YouTube, on Apple, CarPlay on Android, and really thank you so much for the podcast project. All of this bundled around Bloomberg Podcasts. You can subscribe out on YouTube to Bloomberg Podcasts and of course AP podcasts leading the way. We've been humbled by the charting of Bloomberg surveillance that we see out there. We will go on to an eventful weekend including David Weston's Wall Street Week, Joe Matthew and Kaylee Lines with Balance of Power into the weekend and in the next week and then it is on to Milwaukee. On Apple Podcasts, it's single best idea

It was good to have Damian Sasar with me. We talked about that. The whole speculation that's out there seems like within the path to every crisis, there's a speculation unseen. You wonder what the shadows are here. Not so much you know, the gloom of end of the summer and in the next into late twenty and twenty four, but the shadows developing now for twenty twenty six or others within our capitalism and the boom and bust that's never going to go away from any of us. It's been an extraordinary week. I'm going to keep it short. Today we do six minutes of smart Well. We're gonna give you a lesson that today. Because it's Friday, you've got to move on. Thank you so much for tuning in on YouTube, on Apple, CarPlay on Android, and really thank you so much for the podcast project. All of this bundled around Bloomberg Podcasts. You can subscribe out on YouTube to Bloomberg Podcasts and of course AP podcasts leading the way. We've been humbled by the charting of Bloomberg surveillance that we see out there. We will go on to an eventful weekend including David Weston's Wall Street Week, Joe Matthew and Kaylee Lines with Balance of Power into the weekend and in the next week and then it is on to Milwaukee. On Apple Podcasts, it's single best idea