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Citi Comes Up Short for Billionaire Investors
3:35
Bloomberg Television
Citi Comes Up Short for Billionaire Investors
Launched in 2012 with Silverfern, Citi's private equity club was designed to offer exclusive investment opportunities to wealthy clients, but instead it created unhappy billionaires, legal battles and a hard lesson on the pitfalls of marketing private assets. Bloomberg's Todd Gillespie joins "Bloomberg Open Interest" to talk about the venture and the fallout. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
Powell Should Retire the Word 'Transitory,' Summers Says
2:35
Bloomberg Television
Powell Should Retire the Word 'Transitory,' Summers Says
Former Treasury Secretary Lawrence Summers says he's "astonished" that Federal Reserve Chair Jerome Powell used the word "transitory" to describe the effects of President Donald Trump's tariffs policy on the economy. Summers speaks with David Westin in an interview for Bloomberg Television's Wall Street Week. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
Fed Calm Wears Off | Bloomberg Surveillance | March 20, 2025
2:32:23
Bloomberg Television
Fed Calm Wears Off | Bloomberg Surveillance | March 20, 2025
Bloomberg Surveillance hosted by Tom Keene and Paul Sweeney March 20, 2025 Featuring: • Julian Emanuel, Chief Equity and Quantitative Strategist at Evercore ISI, reacts to Wednesday's Federal Reserve rate decision and explains why he thinks it was Fed Chair Jay Powell's finest performance; Powell downplayed growth concerns and the impact of President Donald Trump's trade war, calling the inflationary effect of tariffs "transitory" • Chris Mancini, Portfolio Manager at the Gabelli Gold Fund, breaks down the gold market after the precious metal hit a new record, in part due to projections of slower US growth and higher inflation this year from the Federal Reserve • Monica Guerra, Head of US Policy at Morgan Stanley Wealth Management, discusses how investors should interpret the Trump administration's tariff policies ahead of a fresh wave of tariffs that are set to take effect on April 2, as well as the prospects for tax cuts and a longer-term budget deal getting through Congress in the near-term • Daniel Kurtz-Phelan, editor of Foreign Affairs, examines the reshaping of the global economic and geopolitical power structure in light of President Trump’s threats toward US allies and his pullback from global defense commitments; Dan also provides a pulse-check on the state of US-China relations -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: https://twitter.com/BloombergRadio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Published Mar 20, 2025
Trump Says Fed Should Cut Rates to Help Tariffs
1:16
Bloomberg Television
Trump Says Fed Should Cut Rates to Help Tariffs
President Donald Trump said the Federal Reserve should cut interest rates as US tariffs start to transition into the economy. Trump urged the Fed to “do the right thing,” in a post on Truth Social. Kevin Whitelaw reports on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
Nvidia to Spend Billions on US-Made Chips: FT
1:16
Bloomberg Television
Nvidia to Spend Billions on US-Made Chips: FT
Nvidia aims to spend several hundred billion dollars on US-made chips and electronics over the next four years, according to a report in the Financial Times. Mark Bergen has more on Bloomberg Television. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
Markets Aren't Pricing in the Impact of Tariffs, Says Apollo's Slok
1:26
Bloomberg Television
Markets Aren't Pricing in the Impact of Tariffs, Says Apollo's Slok
Torsten Slok, chief economist at Apollo, says “the optimism in equity markets at the moment is unwarranted,” due to the potential negative effects of tariffs on US earnings. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
Bloomberg Surveillance 03/20/2025
2:24:42
Bloomberg Television
Bloomberg Surveillance 03/20/2025
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. 00:00:00 Bloomberg Surveillance 00:04:22 Julian Emanuel, Evercore ISI 00:17:45 Rob Casey, Signum Global Advisors 00:27:16 On Our Radar 00:30:45 Ed McMullen, Former United States Ambassador to Switzerland 00:42:21 Iain Stealey, JP Morgan Asset Management 00:53:07 Evan Brown, UBS Asset Management 01:07:20 Monica Guerra, Morgan Stanley Wealth Management 01:13:09 Morning Movers 01:14:32 On Our Radar 01:18:03 Mike Pyle, BlackRock Portfolio Management Group 01:29:22 Thomas Hoenig, Former Kansas City Fed President 01:42:36 Greg Boutle, BNP Paribas 01:52:47 Brooke Roach, Goldman Sachs 02:04:35 Luke Tilley, Wilmington Trust 02:13:32 Matt Brill, Invesco 02:21:49 Trading Diary -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTech Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@Bloomberg-News Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
Fed's Powell Downplays Growing Risks, Trump Says Fed Should Cut Rates | The Opening Trade 03/20
1:35:43
Bloomberg Television
Fed's Powell Downplays Growing Risks, Trump Says Fed Should Cut Rates | The Opening Trade 03/20
Federal Reserve Chair Jerome Powell downplayed growth concerns and the impact of President Donald Trump's trade war on inflation, Speaking to reporters following a two-day meeting of policymakers, Powell downplayed mounting growth concerns and the price hits that could be on the way from President Donald Trump’s aggressive trade war. He even revived a once-abandoned term to say the inflationary impact of tariffs is likely to be transitory. Fed officials held their benchmark interest rate steady on Wednesday for a second straight meeting, as expected by economists. President Donald Trump said the Federal Reserve should cut interest rates, splitting with the US central bank as officials weigh the economic cost of his tariff push.  The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta. Chapters: 00:00:00 - Opening Trade 00:02:05 - Powell Says Economy Strong Overall 00:05:06 - UK Employment Rises 00:08:54 - EU Defense Package 00:10:21 - Nvidia Plans Massive Outlay on US-Made Products 00:13:06 - Israel Forces Begin Limited Ground Incursion in Gaza 00:13:22 - Trump Says Fed Should Cut Rates 00:23:30 - Fed's Powell Sees Tariffs Impact Transitory 00:35:24 - Lloyd's of London CEO Speaks 00:45:33 - European Markets Open 01:03:37 - Europe Defense CEOs: We Must Move Faster 01:07:08 - Rheinmetall to $30B in Sales? 01:11:37 - SNB Cuts Policy Rates 25 Bps 01:23:52 - Trump Tariffs Rerout China Exports 01:28:48 - China Trade Surplus Under $1T in 2025 01:34:13 - US Float Ownership of Ukranian Power Plants -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
SNB President on Interest Rate Decision, Trump Tariffs, Gold, Crypto
7:07
Bloomberg Television
SNB President on Interest Rate Decision, Trump Tariffs, Gold, Crypto
Swiss National Bank President Martin Schlegel discusses the central bank's decision to lower its benchmark rate by a quarter point to 0.25%, as well as the potential risks that geopolitical and fiscal uncertainty could have on the Swiss economy. He also talks about the SNB's lack of intervention in foreign exchange markets in 2024, potential tariffs coming from Donald Trump's administration, and gold. Speaking to Bloomberg's Bastian Benrath-Wright, Schlegel also says the SNB doesn't plan to buy crypto assets. 00:00 - SNB President on interest rate decision, reasoning behind interest rate cut 02:37 - SNB President on intervention on foreign exchange markets, FX, currency manipulation 03:45 - Schlegel on Donald Trump's tariffs, trade uncertainty, geopolitics 04:30 - Schlegel on gold, central banks, reserves 05:14 - Swiss National Bank's position on crypto, Bitcoin 06:38 - Schlegel on UBS, banking, full capitalization of units -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025
BOE Leaves Key Interest Rate at 4.5%
2:20
Bloomberg Television
BOE Leaves Key Interest Rate at 4.5%
The Bank of England announced it will leave its benchmark interest rate on hold at 4.5% on Thursday. The Monetary Policy Committee voted 8 to 1 in favor of leaving the benchmark policy rate unchanged, with more policymakers favoring a cautious approach than had been expected by economists. Bloomberg's Lizzy Burden reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Mar 20, 2025