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May 22, 2024
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nobel prize-winning economist paul krugman weighs in on how markets will react to the race for the white house. this is bloomberg. ♪ abigail: you are looking at a live shot of the principal room. the salesforce ai ceo joins bloomberg tv at 11:00 a.m. new york time. this is bloomberg. >> it's time for our wall street week conversation. we are looking at the impact of a trump or biden presidency on the u.s. economy. david westin spoke with paul krugman about the economic choices that voters should consider before heading to the polls. >> it doesn't look as if it's made a whole lot of difference who's in the white house but if there's a trump two then there's a lot of reasons to believe it could be very different. this is -- what's amazing if you go back and look at trump's first time of the white house was how little he did when all was said and done. basically he got a moderate sized tax cut through. , there wasn't a lot else that went on. that was largely because there were institutional restraints. they couldn't get stuff through congress. they couldn't tell the federal reserve what t
nobel prize-winning economist paul krugman weighs in on how markets will react to the race for the white house. this is bloomberg. ♪ abigail: you are looking at a live shot of the principal room. the salesforce ai ceo joins bloomberg tv at 11:00 a.m. new york time. this is bloomberg. >> it's time for our wall street week conversation. we are looking at the impact of a trump or biden presidency on the u.s. economy. david westin spoke with paul krugman about the economic choices that...
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May 22, 2024
05/24
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i'm sorry, the paul krugman piece from the new york times. yo thoughts to the mix when you tell us about endi and how inflation is impacting that. (202) 748-8000 eastern/central time zones, (202) 748-8001 mountain/pacific time zones. caller: good morning, i was just going to comment price gouging argument. liev that. if you believe t lleges and universities are price gouging because nothing has gonethan health care. we know education has increased because we give away education to certain segments and■h6 exorbitantly high numbers for other people to make up the difference. 't has gone up since the they're not all of a sudden e gouging. host: pat in virginia, caer: inflation has hit house. all ght crunching numbers. host: ok. caller: i went from paying $1000 a month to 1400 and i used to put away 9000 and only put away 7000. host: and that is due to what you are seeing with pricing and alexandria? tly the grocery store and utilities. host: us an example of either? caller: i said in the dark but my electric bill is $60. i cook twice a month o
i'm sorry, the paul krugman piece from the new york times. yo thoughts to the mix when you tell us about endi and how inflation is impacting that. (202) 748-8000 eastern/central time zones, (202) 748-8001 mountain/pacific time zones. caller: good morning, i was just going to comment price gouging argument. liev that. if you believe t lleges and universities are price gouging because nothing has gonethan health care. we know education has increased because we give away education to certain...
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May 20, 2024
05/24
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paul krugman. matt: david westin, think you very much for joining us. this is bloomberg. ♪ do you want to close out? should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-chun, xi-chun, xi-chun! you've got more options than you know. book now. matt: jp this morning lifting the forecast for the net interest income it expects to generate this year as the bank holds its annual yesterday. sonali basak joins us with details. a lot coming out of this. there's a top live chat i've been following this morning. sonali: they put in line every executive next up we hear from the investment banking executives, where we know there have been a lot of changes in management. before we got to that, we know that they are increasing net in
paul krugman. matt: david westin, think you very much for joining us. this is bloomberg. ♪ do you want to close out? should i? normally i'd hold. but... taking the gains is smart here, right? feel more confident with stock ratings from j.p. morgan analysts in the chase app. when you've got a decision to make... the answer is j.p. morgan wealth management. how am i going to find a doctor when i'm hallucinating? what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy...
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May 27, 2024
05/24
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of course, paul krugman says he's highly uncertain about the rate past. he sees confusion, delusion over rates. we will talk about it on the other side of the coin. we are keeping an eye on utility stocks, which are leading the gains at this point in time. china of course the one we are watching. it is the u.s. reimposing tariffs on hundreds of goods imported from china. that may just weigh on the balance. it's an update for asia. that's it from bloomberg markets: asia. horizons: middle east and africa is next. keep it here with us. this is bloomberg. ♪ >> the following is a paid program. the opinions and views expressed do not reflect those of bloomberg lp, its affiliates, or its employees.
of course, paul krugman says he's highly uncertain about the rate past. he sees confusion, delusion over rates. we will talk about it on the other side of the coin. we are keeping an eye on utility stocks, which are leading the gains at this point in time. china of course the one we are watching. it is the u.s. reimposing tariffs on hundreds of goods imported from china. that may just weigh on the balance. it's an update for asia. that's it from bloomberg markets: asia. horizons: middle east...
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May 21, 2024
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david: paul krugman, we will talk to him about the state of the u.s. economy and what the difference could be in the election coming up. that is coming up on friday. katie: thanks to david westin. this is bloomberg. ♪ katie: let's take a look at some stocks gaining highs and lows this morning. eli lilly shares getting a 52-week high after the drug maker in with a boston-based startup to deliver targeted medications. up 2.8%. commerzbank getting highs earlier after morgan stanley raised its target to 20 euros. stay tuned to that one. we have burberry hitting a 52 week low after barclays lowered its price target on the stock, remaining cautious in the short-term. shares have fallen over 10% since it reported earnings last week with a week forecast. you can see shares down about 3.8% over the last two days. coming up on bloomberg technology, the cfo of zoom joins caroline hyde. that does it for bloomberg markets. i'm katie greifeld and this is bloomberg. ♪ what about zocdoc? so many options. yeah, and dr. xichun even takes your sketchy insurance. xi-c
david: paul krugman, we will talk to him about the state of the u.s. economy and what the difference could be in the election coming up. that is coming up on friday. katie: thanks to david westin. this is bloomberg. ♪ katie: let's take a look at some stocks gaining highs and lows this morning. eli lilly shares getting a 52-week high after the drug maker in with a boston-based startup to deliver targeted medications. up 2.8%. commerzbank getting highs earlier after morgan stanley raised its...
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May 22, 2024
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. >> joe biden, janet yellen, paul krugman and all sorts of eminences, inflation was passing thing, don't need to worry about it. larry: i have to give larry summers, two democrats, jason furman, larry summers. >> they have great integrity. larry: summers called the spending bill in 2021 of march, the 1.9 trillion, summers calls that the original sin of inflation. >> yeah. larry: i think he was dead right. >> larry and jason have shown great integrity. larry: i agree. todd buchholz, very good to see you. >> good to see you, larry. larry: taylor riggs, thanks for helping it. be sure to catch taylor along with her co-hosts brian brenbrenberg and jackie deangelis "the big money show" here 1:00 p.m. eastern every weekday. i love this story, president trump is now accepting cryptocurrency donations to his campaign. is that cool? wow, we'll talk about it with vivek ramaswamy. remember, folks, "kudlow" available as a podcast. episode every weekday right after our show. we've got spotify, we've got apple, we've got foxbusinesspodcast.com, we've got crypto, we got card did i w. we have everything
. >> joe biden, janet yellen, paul krugman and all sorts of eminences, inflation was passing thing, don't need to worry about it. larry: i have to give larry summers, two democrats, jason furman, larry summers. >> they have great integrity. larry: summers called the spending bill in 2021 of march, the 1.9 trillion, summers calls that the original sin of inflation. >> yeah. larry: i think he was dead right. >> larry and jason have shown great integrity. larry: i agree....
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May 18, 2024
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it wasn't ann coulter who said that, it was a progressive economist paul krugman writing in the new york times in 2006. maybe i could fuse, but i definitely remember the reaction that began in wrote sink this country suffering from immigrant indigestion. it is time to call the hold on this grand rush, which over floods the labor market resulted in lowering the standard of living. the excepted immigration is against the interest of the messes of all races and nationalities in our country. buchanan's rhetoric could really sizzle, right? it was not pat buchanan who said that. it was a philip randolph, thick african-american labor and civil rights leader who organized the march on washington at which dr. king delivered his i have a dream speech. ok, i am sure i will get this next one right. it was steve bannon who wrote a policy memo noting that effectively regulated immigration policy establishes limits on the number of immigrants. moreover these limits must be strictly enforceable, and he also said no low or unskilled low-wage migrants should be admitted. oops, i am wrong in this account t
it wasn't ann coulter who said that, it was a progressive economist paul krugman writing in the new york times in 2006. maybe i could fuse, but i definitely remember the reaction that began in wrote sink this country suffering from immigrant indigestion. it is time to call the hold on this grand rush, which over floods the labor market resulted in lowering the standard of living. the excepted immigration is against the interest of the messes of all races and nationalities in our country....
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May 26, 2024
05/24
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krugman for a blurb. and then i saw he was in the book. yes. because i know he's you know, he's written columns about this. did you ask him for a blurb? i believe we did. i'm not 100%. i believe we did. obviously is a busy guy and he's great on housing. so if you're watching this paul thank you for being great on housing and i hope you like my representation of you in the book and if you want give a blurb now even better this is a question that's not really directly related to housing but you mentioned it as being a component of this problem. so brian, you've written a lot about economic. of course, starting with you daily paper. how do you think we should best deal with that issue? you write, economic illiteracy, the scourge of humanity, right? of course, we could all become economics professors and but there is so truth in the idea that economics professors are boring and waste a lot of time on irrelevant details and failed to get big point across probably most you here have seen young ben stein or only
krugman for a blurb. and then i saw he was in the book. yes. because i know he's you know, he's written columns about this. did you ask him for a blurb? i believe we did. i'm not 100%. i believe we did. obviously is a busy guy and he's great on housing. so if you're watching this paul thank you for being great on housing and i hope you like my representation of you in the book and if you want give a blurb now even better this is a question that's not really directly related to housing but you...
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May 21, 2024
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if you're being paid to be optimistic and all the grand phds, paul the krugmans of the world tell you all is well it is easy to go along with it. as you mentioned we have earnings coming in, mcdonald's, kraft, starbucks, we have all the earnings saying the consumer is petering out. finally the retail sales numbers are now flat-lining. so reality does at some point intrude, one would hope that they would notice it a little bit earlier. charles: you just alluded to the fact it is election season. we do have an election this year. of course we'll get all the comparisons between trump and biden, whose economy did get better. i always have a beef with the trump stuff. the focus should be trump economy bc before covid-19. you have done real research on this. talk to us about that. >> yeah, unless the media thinks that another covid is on the way the obvious comparison that you're going to look at is the first three years of trump, right? that is the choice facing the voter. it is not shall we have another covid. it's do you want to go back to the trump economy beforehand and beforehand we w
if you're being paid to be optimistic and all the grand phds, paul the krugmans of the world tell you all is well it is easy to go along with it. as you mentioned we have earnings coming in, mcdonald's, kraft, starbucks, we have all the earnings saying the consumer is petering out. finally the retail sales numbers are now flat-lining. so reality does at some point intrude, one would hope that they would notice it a little bit earlier. charles: you just alluded to the fact it is election season....
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May 22, 2024
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we heard that from paul krugman as well saying he is fanatically uncertain about where the neutral rate is. this raises the question of how they can have any conviction whatsoever when coming up with projections. if they are talking about dots, these dots are highly confused. jonathan: in fairness to rafael bostick, he wasn't overseeing his own press conference. lisa: we welcome every single one of them. jonathan: in china, sending signals about retaliating trade tension over ev's saying levees could be raised in europe up to 25% and europe will announce a probe into chinese ev subsidies next month. the timing is not a coincidence. this is a potential threat against what might happen if the europeans go through with it. annmarie: they are trying to fend off what the eu potential he going to follow through with in this probe when it comes to not just ev's but a number of things they see that are being dumped on the european market from china. china is going to their chamber of commerce to the european union and this is the statement -- china chamber of commerce, the eu was informed by in
we heard that from paul krugman as well saying he is fanatically uncertain about where the neutral rate is. this raises the question of how they can have any conviction whatsoever when coming up with projections. if they are talking about dots, these dots are highly confused. jonathan: in fairness to rafael bostick, he wasn't overseeing his own press conference. lisa: we welcome every single one of them. jonathan: in china, sending signals about retaliating trade tension over ev's saying levees...
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May 22, 2024
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i'm sorry, the paul krugman piece from the new york times. you can add those thoughts to the mix when you tell us about household spending and how inflation is impacting that. (202) 748-8000 eastern/central time zones, (202) 748-8001 mountain/pacific time zones. caller: good morning, i was just going to comment on the price gouging argument. nobody really believes that. if you believe that you will have to admit or say that colleges and universities are price gouging because nothing has gone up higher than that other than health care. we know education has increased because we give away education to certain segments and charge exorbitantly high numbers for other people to make up the difference. it has gone up since the early 2000's. they're not all of a sudden price gouging. host: pat in virginia, exdria not too far from here. caller: inflation has hit my house. i stayed up all night crunching numbers. host: ok. caller: i went from paying $1000 a month to 1400 and i used to put away 9000 and only put away 7000. host: and that is due to what
i'm sorry, the paul krugman piece from the new york times. you can add those thoughts to the mix when you tell us about household spending and how inflation is impacting that. (202) 748-8000 eastern/central time zones, (202) 748-8001 mountain/pacific time zones. caller: good morning, i was just going to comment on the price gouging argument. nobody really believes that. if you believe that you will have to admit or say that colleges and universities are price gouging because nothing has gone up...