Wall Street Week 07/12/2024
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- čas přidán 6. 08. 2024
- On this edition of Wall Street Week, Key Square Capital CEO Scott Bessent says that the Fed hasn't been very independent under President Biden. Columbia Law School Professor Kathryn Judge tells us how the Supreme Court's Chevron reversal could affect bank regulations. Former British Ambassador to the US Sir Peter Westmacott looks at the Labour Party's economic challenges. Equity Group Investments President Mark Sotir picks up the baton from the late Sam Zell, and Aspen Economic Strategy Group Director Melissa Kearney talks about fostering dynamism in the US economy.
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Bessent seems more like a political operative than someone qualified to speak about the economy; seems quite biased.
Bessent is driven to say anything and everything regardless of how false it is in order to ensure the king of the rich tax dodgers, Donald Trump, is returned to the White House so all the rich people can enact Project 2025 and enshrine themselves as above the law, and above elections.
Scott said the tax cuts were going to be paid for this time with a straight face. Oh, Scott...
Next time you’re going to have someone on to analyze what will happen with either candidate if they win, don’t have someone so obviously partisan. Do better.
Scott, tell us more about how you wanna blow trump…🤦♂️
🤣🤣 Funny and spot on at the same time
Thank you for this presentation but I certainly do miss those brief flashbacks or from the archives mainly showing Louis Ruchauser please bring those back thank you
Fantastic show!!
Perfect presentation and please keep discussing the national debt in the federal budget deficits cuz that is how addressing the problem will start is that we've got to keep the conversation going just like when they were attacking it like in the 1980s and 1990s especially the late 1990s you should have continued that path then when I had the chance they need to study what they did back then and perhaps replicate them before it gets even harder so please keep discussing this matter thank you
This guy doesn't know what he's talking about. His responses are lacking sound facts
we do not want chinese prodcuts even if they are cheaper (but most definately inferior to the alternatives)
I thought it was pretty well agreed to that inflation was a supply side problem caused by the pandemic’s
effect on global trade. Yes the FED should have reacted more quickly. Is this guy going to be Trump’s secretary of the treasury?
inflation is a problem? only if you are poor :pepelmfao:
Talk about banks and regulators...deju vu 2015
Wall Street Week
07/12/2024
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Scott is a legend. But his ideas on Biden vs Trump are decent but far from solid.
If the argument is 40$ oil will offset tariff, that's weak.
We need a 50/50 blend between democats ideology and republican ideology
@@gloriajaimesa2811 more like 85% Democrat and 15% republican
Scott Besset at last someone in Bloomberg that is telling the truth about the so called "strong" Labour market heavily subsidized by the government
Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS. So what about labor market Trumper ??
@@BRuane-pw6xq Im talking about facts dude not your personal fairytale story
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Dividite vincere! How? Set up tariffs in America which encourage retaliation tariffs from our offended trading partner nations. don't vote for it ! 😊😊😊😊
BIDEN says country is in great shape uder him.
No more lockdowns and I can go to concerts again. Doesn't seem bad to me.
S&P up 65 pct unemployment down No GOP RECESSION job growth incredible household net worth highest ever inflation falling best economy in World. So ...
Every GOP President since Hoover has had a Recession ALL of THEM different weak excuse each time but ALWAYS a RECESSION ALWAYS. Did you inject disinfectant and sell stock in 2020 ? 😂😂😂😂😂 . Poor Trump Culter
@@jordangoldberg4937 my pay keeps going up and ive bought 4 properties with cash. Im doing great, why arent you?
Bessent Republican trickle down economy advocate. Trust Trump to add Taxes on the middle class. Trump for big business and low taxes on corporations. Vote for a Democrat.
Middle class here and we were waaaaaay better off under Trump. Tax cuts, awesome job market, great wages, and strong purchasing power. Not to mention the world was a better and safer place with Trump in charge.
@@bytemuncher1 Trump has the economy crash under his administration. Added trillions to the national debt. Caused inflation with his tariffs on products.
Where we all suffered from is poor fiscal policy. Our economy is booming now , stock market is at all time high. $$ all index's this week broke records. This administration has done 👍 a great job with coming out the pandemic. I rather stay the course now. Trump's a convicted criminal who gone bankrupt. Last person we need in the White House.
As a whole, Americans' real wages slid down lower under Biden, and the jobs he claims to have created were government jobs created through deficit spending. This year's American "prosperity" is- more than ever- a borrowed prosperity.
Besset obviously a MAGA shill. Please have guests that understand economics.
This kid has mad vocal fry