Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Record Stock Surge, Cooling On Rate Cuts & Russia Buys Friends

Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:

(1) Nvidia’s surge to an all-time high is the biggest single-session increase in market value in history, besting Meta’s historic gain just three weeks ago.

(2) Former Treasury Secretary Larry Summers is warning that financial markets are underestimating the risks of political and social turmoil around the world.

(3) Three top Federal Reserve officials hammered home the message Thursday that the US central bank is still on track to cut interest rates this year — just not anytime soon.

(4) Russia is steadily expanding its influence across Africa with arms sales, Kremlin-sponsored beauty pageants and more recently -- free grain.

(5) House of Commons Speaker Lindsay Hoyle faced growing calls from Conservative and Scottish National Party politicians to resign over the chaotic scenes in Parliament

(6) For the first time since 1972, the US is back on the moon.

See omnystudio.com/listener for privacy information.

Episoder(1039)

SVB Races to Prevent A Bank Run As Fund Giants Advise Pulling Cash

SVB Races to Prevent A Bank Run As Fund Giants Advise Pulling Cash

Your morning briefing. The news you need in just 15 minutes.On today's podcast:(1) Silicon Valley Bank's cash crunch sends financial stocks into a tail spin. (2) The UK government suspects British fir...

10 Mar 202316min

Powell's Dovish Pirouette And Banking $400K As A Rookie Trader

Powell's Dovish Pirouette And Banking $400K As A Rookie Trader

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Federal Reserve Chair Powell softens his tone on the size of a March rate hike. (2) BOE policy maker Swati Dhingra ...

9 Mar 202317min

Powell's Hawkish Hint And More Money DOES Make You Happier

Powell's Hawkish Hint And More Money DOES Make You Happier

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Five weeks after the Federal Reserve slowed the rate of hikes -- Powell hints at a re-acceleration. (2) The $7 tril...

8 Mar 202319min

JP Morgan's CEO Speaks To Bloomberg And TikTok On Borrowed Time

JP Morgan's CEO Speaks To Bloomberg And TikTok On Borrowed Time

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) JP Morgan CEO Jamie Dimon tells Bloomberg a soft landing is possible, but warns of risks from Ukraine & China. (2) ...

7 Mar 202317min

Growing Pains For China And An Exit From Credit Suisse

Growing Pains For China And An Exit From Credit Suisse

Your morning briefing. The news you need in just 15 minutes.On today's podcast: (1) China's 5% growth target offer's little relief for the global economy. (2) Harris Associates reportedly sell their e...

6 Mar 202316min

Bloomberg Daybreak Weekend: Economy, Budget, Xi

Bloomberg Daybreak Weekend: Economy, Budget, Xi

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including Fed Chair Jay Powell's Capitol Hill testimony and the Friday jobs r...

4 Mar 202335min

Listless London And Citigroup Job Cuts

Listless London And Citigroup Job Cuts

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Top firms opt for New York's deep pockets as the UK government insists all is well. (2) Former rate setter Michael ...

3 Mar 202317min

Arm Rules Out A UK Listing For Now And Musk's Master Plan Disappoints

Arm Rules Out A UK Listing For Now And Musk's Master Plan Disappoints

Your morning briefing. The news you need in just 15 minutes. On today's podcast: (1) Arm rules out a UK listing for now deals a blow to UK politicians. (2) Fed and ECB rates look to be headed higher B...

2 Mar 202317min

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