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 On this edition of Wall Street Week, Ed Hyman, Evercore ISI Chairman and Bob Prince, Bridgewater Co-CIO wrap up a week in the markets that snapped the longest weekly rally since November. Sonja Gibbs, Institute of International Finance Managing Director and Head of Sustainable Finance discusses why it is helpful to keep zombie companies afloat but that it may come at a price. Former US Treasury Secretary Lawrence H. Summers weighs in on the current state of the US housing market and more.  

On this edition of Wall Street Week, Ed Hyman, Evercore ISI Chairman and Bob Prince, Bridgewater Co-CIO wrap up a week in the markets that snapped the longest weekly rally since November. Sonja Gibbs, Institute of International Finance Managing Director and Head of Sustainable Finance discusses why it is helpful to keep zombie companies afloat but that it may come at a price. Former US Treasury Secretary Lawrence H. Summers weighs in on the current state of the US housing market and more.

Wall Street Week tells the stories of capitalism from around the world, hosted by David Westin in New York.

Wall Street Week tells the stories of capitalism from around the world, hosted by David Westin in New York.

David Westin speaks with top names in finance about the week's biggest issues on Wall Street.

Wall Street Week

Bloomberg Wall Street Week: August 19, 2022

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/38b872fb-2179-4927-aee9-aef700176e17/transcript

This week, Wall Street Week looks back on a quarter century of change. In the first 25 years of the 21st century, capitalism endured a remarkable series of shocks - from the Y2K, to the Great Recession, to a once-in-a-century pandemic. We explore how these turning points reshaped markets, growth, and the public’s faith in the economic system.

This week, Wall Street Week looks back on a quarter century of change. In the first 25 years of the 21st century, capitalism endured a remarkable series of shocks - from the Y2K, to the Great Recession, to a once-in-a-century pandemic. We explore how these turning points reshaped markets, growth, and the public&rsquo;s faith in the economic system.

Wall Street Week | 25 Years of Markets

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/535cefb8-c884-4a35-bf88-b3b80101e2b5/transcript

This week, Glenn Hubbard warns that tariffs, shaky data and a mature credit cycle create risks as the Fed looks toward 2026. And, will open AI ecosystems win out over closed models, as AMD CEO Lisa Su and former IBM CEO Sam Palmisano suggest? Plus, from AI to manufacturing, soaring electricity demand is forcing a rethink of where our power comes from and how fast we can build to generate it. Later, can Macy’s reinvent the department store for today’s shopper?

This week, Glenn Hubbard warns that tariffs, shaky data and a mature credit cycle create risks as the Fed looks toward 2026. And, will open AI ecosystems win out over closed models, as AMD CEO Lisa Su and former IBM CEO Sam Palmisano suggest? Plus, from AI to manufacturing, soaring electricity demand is forcing a rethink of where our power comes from and how fast we can build to generate it. Later, can Macy&rsquo;s reinvent the department store for today&rsquo;s shopper?

Hubbard on Fed Cut Fallout, Open Source AI, Nuclear Bet, Department Store Revival

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/486b0a4b-0ef6-434f-993f-b3b1014c4b0d/transcript

This week, Willett Advisors’ Steven Rattner says China’s innovation is surging even as its consumers struggle, and warns that US trade policies won’t slow Beijing down. The real solution, he says, is doing better at home. And, a close look at the social media spark that ignited Nepal’s biggest youth-led protests in decades, toppling the government and revealing the power of perception in global uprisings against inequality. Plus, has capitalism lost its way, or is a new version already emerging? Later, a wave of retirements is reshaping America’s local businesses – succession planning could open opportunities for owners and private

This week, Willett Advisors&rsquo; Steven Rattner says China&rsquo;s innovation is surging even as its consumers struggle, and warns that US trade policies won&rsquo;t slow Beijing down. The real solution, he says, is doing better at home. And, a close look at the social media spark that ignited Nepal&rsquo;s biggest youth-led protests in decades, toppling the government and revealing the power of perception in global uprisings against inequality. Plus, has capitalism lost its way, or is a new version already emerging? Later, a wave of retirements is reshaping America&rsquo;s local businesses &ndash; succession planning could open opportunities for owners and private

Rattner’s trip to China, Nepal’s Gen-Z Uprising, Capitalism 4.0

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6858418b-24f9-4cc8-96d8-b3aa014062e2/transcript

Bloomberg Wall Street Week: August 19, 2022

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