Wall Street Is Betting Big on a Trump Win
Big Take28 Okt 2024

Wall Street Is Betting Big on a Trump Win

With the US presidential election just over a week away, most major polls, including the latest Bloomberg/Morning Consult poll, show Vice President Harris and former President Trump in a dead heat. But Wall Street seems increasingly convinced Trump is going to win. And that is manifesting in what's come to be called “The Trump Trade.”

Today on the Big Take podcast, Bloomberg Opinion’s John Authers sits down with host David Gura to break down what the trade is, and what it reveals about how Wall Street sees this election and the future of the economy.

Read more: Prediction Markets Reflect That the Clock Favors Trump

See omnystudio.com/listener for privacy information.

Avsnitt(818)

Betting on Sunday’s Game? Here’s Who You’re Up Against

Betting on Sunday’s Game? Here’s Who You’re Up Against

When the Seattle Seahawks take on the New England Patriots on Sunday, more than $2.6 billion in wagers will be on the line. A growing share — $800 million — will come through prediction markets like K...

6 Feb 18min

Generic Versions of Weight Loss Drugs Will Upend the Market

Generic Versions of Weight Loss Drugs Will Upend the Market

Shares of Novo Nordisk were down Thursday morning after Hims & Hers introduced a compounded version of its Wegovy pill. The dip came two days after Novo predicted its sales could drop as much as 13% t...

5 Feb 17min

Has the AI Reckoning Arrived?

Has the AI Reckoning Arrived?

AI anxiety is coursing through the stock market right now. From Tuesday’s global selloff in software and technology stocks to last week’s $381 billion Microsoft rout, investors are skittish over any s...

4 Feb 18min

Behind Thailand’s Push to Recriminalize Cannabis

Behind Thailand’s Push to Recriminalize Cannabis

Four years after Thailand became the first country in Asia to decriminalize cannabis, its booming market is at a crossroads. Initial high hopes for a tourism surge and a billion-dollar industry have b...

3 Feb 19min

What Is (And Isn’t) in the Latest Epstein Files Release

What Is (And Isn’t) in the Latest Epstein Files Release

The Department of Justice released another batch of documents from the so-called Epstein Files on Friday. It brings the total number of pages the DOJ has made public since December to nearly 3.5 milli...

2 Feb 18min

Weekend Listen: Why the Tech World Is Going Crazy for Claude Code

Weekend Listen: Why the Tech World Is Going Crazy for Claude Code

In the AI industry, there's always a hot new thing. First it was ChatGPT. Then it was the image generators. There was the DeepSeek moment. In the latter half of last year, everyone was excited about h...

1 Feb 54min

How Kevin Warsh Could Shape the Fed

How Kevin Warsh Could Shape the Fed

After months of speculation and a publicized selection process befitting The Apprentice, President Trump has announced his pick to lead the Federal Reserve: former Fed Governor Kevin Warsh. Historical...

30 Jan 18min

The Fight Over ICE Funding

The Fight Over ICE Funding

The US Senate failed to advance a government spending package on Thursday, setting up for a partial government shutdown. At the center of the debate is funding for the Department of Homeland Security....

29 Jan 19min

Populärt inom Politik & nyheter

aftonbladet-krim
motiv
rss-krimstad
p3-krim
fordomspodden
flashback-forever
rss-viva-fotboll
spar
svenska-fall
aftonbladet-daily
rss-sanning-konsekvens
rss-vad-fan-hande
svd-dokumentara-berattelser-2
olyckan-inifran
grans
rss-aftonbladet-krim
rss-frandfors-horna
dagens-eko
rss-krimreportrarna
svd-ledarredaktionen