Wall Street Week 03/22/2024
ฝัง
- เผยแพร่เมื่อ 21 มี.ค. 2024
- On this edition of Wall Street Week, Lawrence H. Summers, Former US Treasury Secretary & Wall Street Week contributor criticizes the Fed's "itchy fingers" on cutting rates. Kristin Roth DeClark, Barclays Global Head of Technology Investment Banking tells us why she is seeing a comeback in technology IPOs. Christopher Harvey, Wells Fargo Head of Equity Strategy tells us how the markets interpreted what came out of the Fed earlier this week, Brian Deese, MIT Innovation Fellow and Former National Economic Council Director tells us why US automakers are at risk of falling behind in the global EV race. Deese also tells us that the upcoming presidential election should be decided on the candidates' policy views.
Electric SUV.. Winner of IF design award for Best SUV.. Fisker Ocean.. FSR.. Over 81 million shares avg daily trading volume. The EV sector Alive and Growing. Over 6,000 SUV EVs on the roads in Europe / North America.
These macro ecos are spot on: the base inflation rate is simply higher. The real issue is that housing, automotive and insurance baselines have out raced US general population. There is no easy fix. Lower rates and housing just goes higher again and autos sells higher.
Need a program to incentivize sub 200k home builders. Convert office space to housing. Offer tax credits for new efficient vehicles sold under 24k.
Thank you so much @bloombergtelevision for this show and rewind via TH-cam. Be well everyone in the chat 🤝🏿
Powell and Fed play political games before November election
EXACTLY!
even @ 2x summers is SLOW!
Try 10x
Wall Street Week
03/22/3024
A lot of these EV chargers are in high-end strip malls... There could be a recovery in brick and mortar retail that happens in parallel with EV adoption.
Buying some stuff is an easy way to pass the ~30 minutes or so that it takes to charge your car.
Chill out on mushrooms. It's only beneficial if used twice a year or less. Not a daily drug like antidepressants.
Larry Summers does not comprehend that AI is very deflationary and will put a hold on wages and expand productivity. AI's impact cannot be minimized. It could at least in the short term create work dislocation but in the long term create jobs.
So short term, there will be more deflationary pressures and rates should fall.
Whoever loses their job can apply to become a “prompt” engineer which seems like a weird joke of a job that only ChatGPT could invent in order to save it’s behind or whatever goes for it’s “behind” that probably looks like a hole & is painful - to the extent it can recognize & “process” (more sales for Nvidia) pain. If its output is absurd, it is the problem of the “prompt” engineer who needs to be sent back to train to “extract” the right answer.
WOW..What a master B.S. artist, that Deese guy is. Who was he an economic advisor for..KARL MARX??
I like battery powered iPhones, for vehicles it better be hydrogen & especially green hydrogen. Too much pollution caused by massive battery manufacture.
What will the government do? Will they use cudgel or carrot ?
Why would we listen to Lawrence Summers,? He looks like he has been on a three day drinking binge.
BIDEN✅
trump❌
sorry but i cannot listen to this man speaking, his voice is like nails on a chalkboard
No problem
TRUMP2024!!!!!!!!!!!!
BIDEN✅
trump❌
Trump is responsible for all inflation today. He signed 1300 tariffs on countries and companies when he lost the election. 25% to 40% on all lumber raised home costs and your insurance it also increased your auto parts prices for accident repairs increasing your auto insurance too. The tariff is a sales tax the US government collects on your winter foods and coffee at 40%. Biden claimed in his STOU address he -paid off over three trillion of the deficit.