Wall Street Week 05/31/2024

On this edition of Wall Street Week, Glenn August, Oak Hill Investors Founder & CEO tells us about the risks in private credit and how the economy is still benefiting from the stimulus post-covid. Jennifer Huddleston, Cato Institute Senior Fellow in Technology Policy tells us about the legal battle over TikTok and Niall Ferguson, Hoover Institution Senior Fellow talks about the ramifications of a shrinking global population.
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[iphonemobile-hlwe]

This is amazing not having to put up your actual money and risk being scammed with a wallet lock on the platform, just paying the gas fees...this looks brilliant!

[Smart_Investing]

Ferguson was spot on about everything he mentioned especially the US population. Just having 1 kid alone, the younger generation doesn't seem to have any importance to it in their lives. It's way too expensive to keep having kids and China's population is still really huge. The world population is dwindling.

You mentioned Elon Musk, his pay package is worth more than 96% of companies and their total market caps. He's done ground breaking work, yes. Considering that pay package though, it's ridiculous. I do respect the fact that he's going up against Sam Altman on the A.I. transition for human business support. A.I. can be worrisome if it gets into the wrong hands and that's expected.

Albert (Owner) of Smart Investing

[e.c.]

If he's watching an interview of former New York City Mayor Mike Bloomberg.

[JacquiEatWorld]

Maybe I'm using it wrong? Cause I'm getting real small amounts, like 50 dollars when it succeeds.

[Fgji]

What you saw 4th quarter was an economy that was certain of rate cuts and inflation. That certainty is up in limbo now. Once restored. The economy can resume growth.

[Fgji]

We are seeing why Burns had to cut rates. Slowdown in 1st quarter was based on disappointments that inflation wasn't cooling fast enough for rate cuts. And now, waiting for the go signal. After raising rates to cool inflation and ultimately growth, it's difficult to maintain the rates high and expect growth.

Psychologically, the economy wants an "all clear" signal. Certainty of inflation and rates. But struggling on messaging. Same problem Burns had.

If Fed waits too long, damage to economy will mount.

If messaging is too dovish, inflation restarts again. If not dovish enough, fails to grow the economy.

Economy, the companies, the consumers should have enough going for them to limit inflation on the growth trajectory when Fed cuts.

[IOSALive]

Bloomberg Television, You're amazing! Let's be friends and hang out!

[MrMoney]

WSW ???? where is Louis Rukeyser and Bob Stovall and Consuelo Mack???

[Ma-sbkc]

People saying "better-than-expected economy" are either unknowing, lost or have an ulterior motive behind deceiving the "dumb" money

[jamescurrie]

I am Rossana, an economist. This is our family acct. Mediocre analyst you got for explaining demography and in fact the link of this data with economic growth and inflation. If you want a better analysis invite Peter Zeihan

[meadhill]

Better than expected economy on the massive national debt and inflation

[alexcipriani]

better than expected stock market not economy

[travisernst]

How come conversations around population decline always omit our impact on the planet. 60% of the wild animals population are gone from 1975 according to WWF. We only have so many fish in the see. That seems like a market force worth considering. We need to find balance.

[cardireddigits]

this makes zero sense. look at everyone unemployed.

[EasySmile]

When you buy up everything- your just betting against your self

[jjsmith]

that history guy is wrong on a number of points

[UnitedCorporationsOfAmerica]

Go look for a job and report back how good the economy isn't.

[CyfClaudia]

I'm sick of the amount of rubbish Bloomberg put in this show just to help Bien's election

[BrandyHeng]

Dead by month end, get ready for panic Waterfall Selloff

[MarkoD-kdgy]

This show should go back to the old Louis Rekhyser " Wall Street Week". It was more informative, interesting and fun. I hate to say it, but this format is boring, very boring and not interesting.