President Trump says talks are happening with Iran, and that he wants to give the country a last chance before "decapitation." Bloomberg News White House Correspondent Jeff Mason reacts to the President’s latest comments on Iran, plus the announcement from Acting AG Todd Blanche that the DOJ is rescinding the anti-weaponization fund order. Then, Torsten Slok, Chief Economist at Apollo, says the economic impacts from the war in Iran remains one of the most important factors as the Fed continues to weight interest rate hikes. Finally, Goldman Sachs Senior Equity Research Analyst Lizzie Dove talks Marriott earnings, and the war’s impact on the travel and leisure sector.
Chapters
00:00:00 Bloomberg Businessweek Daily
00:01:38 Preview: Iran, DOJ & the Fed
00:02:09 Trump on Voter ID, Iran & the SAVE America Act
00:08:28 Trump on the Anti-Weaponization Fund & Todd Blanche
00:16:16 Trump Criticizes Oil Company Profits
00:18:00 Trump on Crime, Immigration & Washington, D.C.
00:22:46 Trump Gives Iran a "Last Chance"
00:29:30 White House Analysis with Jeff Mason
00:33:13 Polls, Politics & the Midterms
00:38:05 Trump’s Oil Comments Move Energy Stocks
00:40:18 Market Update: Stocks Extend Gains
00:41:22 Torsten Sløk on Markets & the 60/40 Portfolio
00:42:05 Why the Strait of Hormuz Still Matters
00:44:37 Kevin Warsh, the Fed & Market Confusion
00:49:01 Why the Classic 60/40 Portfolio Is Breaking Down
00:52:08 AI Concentration & Market Risk
00:53:53 Market Update: Hotels, Palantir & Big Tech
00:54:11 Marriott Earnings & Global Travel Trends
00:57:06 Business Travel vs. Leisure Demand
00:59:14 Cruise Industry Outlook
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