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Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey and Brent Schutte, Chief Investment Officer at Northwestern Mutual Wealth Management Company, discuss the Federal Open Market Committee voting to lower the benchmark rate by 50 basis points to target range of 4.75%-5.0%, the first rate cut in more than four years. Bloomberg News Hedge Fund Reporter Katherine Burton explains why billionaire hedge fund founder Steve Cohen is no longer investing clients’ capital for Point72. Bloomberg News Senior Editor Dimitra Kessenides has Businessweek Magazine’s Best Business School Rankings for 2024-25.
Hosts: Carol Massar and David Gura. Producer: Paul Brennan.
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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21 сен 2024
