Morgan Stanley Investment Management Portfolio Solutions CIO Jim Caron says the chance of the recent selloff in software-related stocks to create contagion is relatively low and it's a great time to be a stock picker instead of a passive investor. He speaks with Bloomberg's Tom Keene and Paul Sweeney. 

Morgan Stanley Investment Management Portfolio Solutions CIO Jim Caron says the chance of the recent selloff in software-related stocks to create contagion is relatively low and it's a great time to be a stock picker instead of a passive investor. He speaks with Bloomberg's Tom Keene and Paul Sweeney.&nbsp;

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Morgan Stanley's Jim Caron Talks Tech Selloff

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Vanguard Group has agreed to buy digital wealth platform Altruist, marking a strategic shift from its traditional organic growth approach to expanding its wealth management capabilities through acquisition. The deal follows Altruist’s notable impact earlier this year when it introduced a tax strategy tool that caused a sell-off in wealth management stocks. In an exclusive interview with Bloomberg’s Dani Burger, Vanguard CEO Salim Ramji and Altruist CEO Jason Wenk discussed the significance of the transaction and Vanguard’s commitment to enhancing its digital wealth offerings.

Vanguard Group has agreed to buy digital wealth platform Altruist, marking a strategic shift from its traditional organic growth approach to expanding its wealth management capabilities through acquisition. The deal follows Altruist&rsquo;s notable impact earlier this year when it introduced a tax strategy tool that caused a sell-off in wealth management stocks. In an exclusive interview with Bloomberg&rsquo;s Dani Burger, Vanguard CEO Salim Ramji and Altruist CEO Jason Wenk discussed the significance of the transaction and Vanguard&rsquo;s commitment to enhancing its digital wealth offerings.

Vanguard & Altruist CEOs Talk Wealth Platform Deal, Prediction Markets

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US Senator Ted Cruz, a Texas Republican, discusses US-Canadian trade tensions, the backlash against data center development and the legacy of Supreme Court Justice Clarence Thomas on "Balance of Power: Evening Edition." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.

US Senator Ted Cruz, a Texas Republican, discusses US-Canadian trade tensions, the backlash against data center development and the legacy of Supreme Court Justice Clarence Thomas on "Balance of Power: Evening Edition." He talks to Bloomberg's Joe Mathieu and Kailey Leinz.

Texas Senator Ted Cruz Talks Canada Trade

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Abby Joseph Cohen, Columbia Business School professor and former partner at Goldman Sachs, says recent consumer spending patterns are signaling issues with the US economy. Speaking on "Bloomberg The Close," she also warns AI investing may not be sustainable and previews the Jackson Hole Federal Reserve meeting. She talks to Bloomberg's Romaine Bostick.

Abby Joseph Cohen, Columbia Business School professor and former partner at Goldman Sachs, says recent consumer spending patterns are signaling issues with the US economy. Speaking on "Bloomberg The Close," she also warns AI investing may not be sustainable and previews the Jackson Hole Federal Reserve meeting. She talks to Bloomberg's Romaine Bostick.

Columbia Business School Professor Abby Joseph Cohen Talks Consumer Data

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8558709f-ba8b-42ac-8810-b4b10175be27/transcript

Morgan Stanley's Jim Caron Talks Tech Selloff

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