Wall Street Week 10/27/2023

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On this edition of Wall Street Week, Evercore Founder and Senior Chairman Roger Altman tells us why the era of ultra-low interest rates is over. Former US ambassador to Israel Thomas Nides still hopes a normalization of US-Saudi-Israeli relations is possible. Wells Fargo Head of Equity Strategy Christopher Harvey and Citi Global Wealth Head of Investment Solutions Kristen Bitterly talk about the challenges of positioning for equities without knowing how high rates can get.
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Thomas Nides' title is so amazing: Ambassador to Israel, Morgan Cross over political and finance. What a Talent!

bettywong
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When Roger talked about Apollo Capital, and other hedge funds, Roger mentioned that rising interest rates would have an adverse effect on them. It would have been nice to understand what Roger implied would happen to hedge funds and the investment community, because of the higher for longer interest rates.

bluestarcesium
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The Palestinian people ELECTED Hamas to represent them. Think about that.

davidblick
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Speaker of the House is a challenge for the corporate profits. This new holy roller guy is a clear character that corporate heads worrying about. Most Americans aren't religious anymore, and having a holy roller in the speaker of the house is a joke.
Stocks fall in the new year. Bonds pave the way into 2024.

lawrencefeldman
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Well this is great that Rodger was part of that group back in the mid to late 1990s when we had a balanced budget and we started paying down the debt that most all of us conveniently forgot so we must balance the federal budget again and start paying on the national debt just like in the late 1990s even if it means putting people like Rodger and the others involved to work as part of a group on that studying and replicating those balanced budgets of the late 1990s the federal government must balance its budget and start paying down its debt just like all

cortlandjdmayberryshraderm
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Value Added Tax may be the simplest tax system to raise government revenue.

-worlds-on-earth
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The expectations of a lag has already been priced in

edmundlively
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Economy speed for jenet yellen and JPow maybe, not for anyone else

blankjohnson
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These humans? Should be on Disney show. It’s true that some humans will say, if you pay them or tell them this is good for your career. Money money

alfonsoalfonso
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If your stock price has fallen significantly, you’re going to have a higher you so watch what you buy right now the market is on sale. Don’t listen to these gurus.

bigdog
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Some nonsensical comments about Boomers. If they go on stage it's because there is a demand for it. And what are they supposed to do with their houses? sell and go to a managed facility? Give me a break!

Lord_Saruman