Political Turmoil, Bitcoin, and the Market Impact
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 5 December 2024
⏱️ 43 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyDecember 5th, 2024
Featuring:
- David Rosenberg, founder and president at Rosenberg Research & Associates, discusses the 2024 equity rally, Bitcoin, and how the market is broadening
- James Steel, Chief Commodities Analyst with HSBC, on hedges in the market and the outlook for gold
- Richard Haas, Senior Counselor with Centerview Partners and President emeritus of Council on Foreign Relations, on political turmoil in France and South Korea and the US' relationships with its allies is changing
- Wendy Schiller, professor at Brown University, discusses the latest on Trump's cabinet picks and other DC headlines
- Lisa Mateo on newspapers
See omnystudio.com/listener for privacy information.
Transcript
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| 0:00.0 | Landmark infrastructure legislation was passed in the last Congress. Now comes the work of getting it built. |
| 0:04.9 | The Global X U.S. infrastructure development ETF, ticker PAVE, invests in dozens of companies helping shape the future of American infrastructure. |
| 0:12.1 | Investing involves risk, including possible loss of principle. Investments in infrastructure-related companies have greater exposure to the potential adverse economic, regulatory, political, and other changes affecting such entities. |
| 0:21.0 | Before investing, carefully consider the fund's objectives, risks, charges, expenses, and more in the full or summary prospectus at globalxetfs.com. |
| 0:27.2 | Read carefully, distributed by SEI Investments Distribution Company. |
| 0:29.9 | The forces shaping markets and the economy are often hiding behind a blur of numbers. |
| 0:34.9 | So that's why we created the Big Take from Bloomberg Podcasts, |
| 0:38.5 | to give you the context you need to make sense of it all. |
| 0:41.6 | Every day in just 15 minutes, we dive into one global business story that matters. |
| 0:46.2 | You'll hear from Bloomberg journalists like Matt Levine. |
| 0:49.2 | A lot of this meme stock stuff is, I think, embarrassing to the SEC. |
| 0:53.4 | Follow the Big Take podcast on the IHeart Radio app, Apple Podcasts, or wherever you listen. |
| 1:02.2 | Bloomberg Audio Studios. |
| 1:04.7 | Podcasts, Radio News. |
| 1:14.2 | This is the Bloomberg Surveillance Podcast. |
| 1:15.7 | Catch us live. |
| 1:21.3 | Weekdays at 7 a.m. Eastern on Apple CarPlay or Android Auto with the Bloomberg business app. |
| 1:26.1 | Listen on demand wherever you get your podcasts or watch us live on YouTube. |
| 1:32.3 | Joining us right now for the half hour, David Rosenberg of Rosenberg Research in Toronto. I need to explain this to people that what is so important with David Rosenberg is the heritage |
| 1:40.3 | where you stole Merrill Lynch research for no other reason. |
| 1:45.7 | A guy named Farrell and a guy named Rosenberg. |
| 1:48.6 | He has continued that tradition. |
... |
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