Margie Patel, senior portfolio manager at Allspring Global Investments, sees the US as one of the better performing sectors in the world as she offers her market outlook for 2026.

Margie Patel, senior portfolio manager at Allspring Global Investments, sees the US as one of the better performing sectors in the world as she offers her market outlook for 2026.

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Margie Patel Talks Stocks in 2026

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Wall Street’s booming year will not be enough to stave off a financial crisis that Mayor Zohran Mamdani says is worse than the Great Recession nearly two decades ago. 

“Wall Street’s announcement is something that is very encouraging and frankly will be helpful in dealing with a $12 billion fiscal deficit,” Mamdani said in an interview on Bloomberg Television’s Balance of Power on Thursday. 

But it might not be enough.

“The reason I cannot point to Wall Street and say the deficit will be taken care of is simply the sheer scale of this deficit. We are talking about something that is larger frankly than what the city even faced during the Great Recession.” 

He discusses his push to hike taxes to fill budget gaps, how his city dealt with recent severe cold and more with Bloomberg's Myles Miller.

 

Wall Street&rsquo;s booming year will not be enough to stave off a financial crisis that Mayor Zohran Mamdani says is worse than the Great Recession nearly two decades ago.&nbsp;
&ldquo;Wall Street&rsquo;s announcement is something that is very encouraging and frankly will be helpful in dealing with a $12 billion fiscal deficit,&rdquo; Mamdani said in an interview on Bloomberg Television&rsquo;s Balance of Power on Thursday.&nbsp;
But it might not be enough.
&ldquo;The reason I cannot point to Wall Street and say the deficit will be taken care of is simply the sheer scale of this deficit. We are talking about something that is larger frankly than what the city even faced during the Great Recession.&rdquo;&nbsp;
He discusses his push to hike taxes to fill budget gaps, how his city dealt with recent severe cold and more with Bloomberg's Myles Miller.
&nbsp;

NYC Mayor Zohran Mamdani Talks Tax Hikes, City's Fiscal Deficit & More

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/adabcd79-5e81-4a57-aa35-b3e20045ed43/transcript

California Governor Gavin Newsom says Donald Trump's "wrecking ball presidency is jaw dropping in real time." He speaks to Brad Stone at a Bloomberg Newsmakers event in San Francisco.

California Governor Gavin Newsom says Donald Trump's "wrecking ball presidency is jaw dropping in real time." He speaks to Brad Stone at a Bloomberg Newsmakers event in San Francisco.

California Governor Gavin Newsom (D) Talks Donald Trump, ICE

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/259a60a6-7a63-4beb-9af7-b3e10153c62a/transcript

Nasdaq CEO Adena Friedman joins Bloomberg's Matt Miller and Dani Burger to talk Nasdaq earnings, AI spending, and capital markets.

Nasdaq CEO Adena Friedman joins Bloomberg's Matt Miller and Dani Burger to talk Nasdaq earnings, AI spending, and capital markets.

Nasdaq CEO Adena Friedman Talks Earnings Season

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/393fea35-f07b-405d-89d7-b3e1013f06e2/transcript

Margie Patel Talks Stocks in 2026

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