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Lori Calvasina is sharp, I think. I'm always glad when she's on the show. At the very end, the snippet re: the now former Saudi bank president is illuminating. Who wants to hear actual TRUTH? Not the ones who are your bosses!
I can't tell for sure. But this is 2 weeks gone. And there's no mention of him taking a break, or that he will be back. You know, the boilerplate words: "So-and-so is out today..."
Liz is hot. Did you watch "Wealthtrack" yet? Savita Subramanian. Engaging and smart, too. She was massaging my Confirmation Bias bone, recommending commodities and energy, at the end. ( my PRNEX and NHYDY. Also, ET--- a midstream LP oil/gas outfit.) Side note: I've come across some negative remarks about dealing with the K-1 Tax Form. Relying on my tax preparer, this was my first year with the K-1. She handled it as a matter of routine. Not a wrinkle. A breeze. The only thing is, you can't file early.
It’s very interesting that nothing was said about Summers’ absence. Possibly he’s traveling outside the country or on a vacation. But very puzzling indeed. More likely he’ll join Carlson & Lemon as recent TV cast-offs. I can’t imagine having Summers for a Prof in college and sitting through hours and hours of his lectures.
I rarely draw anything decisive about the investment climate from this show. Like a lot of financial TV, the tenor of the program seems to follow whatever course the markets took that week. If markets were positive guests tend to focus on “opportunities” for investment. If they were downbeat as this week, caution becomes the buzzword. Note the mention this week about hedging risk - without really delving into how to hedge.
Looking for direction? Plenty of ambiguity from guest #1 (Lisa Erickson / U.S. Bank):
“We’re, Ah, what we call a skeptical participant in the U.S. market, really, with a neutral position on U.S. equities. … You’ve got a conflicting set of signals going on as far as what may happen with the stock market. … So are we in a new bull market? We think it still remains to be seen.”
Erickson later on recommends some specific income producing stocks (reinsurance) & bonds (non-agency backed mortgages).
Always enjoy hearing Ray Dalio (midway through program). Spoke in generalities about U.S. China relations. You’d be hard pressed to take away specific stock recommendations. But Dalio’s a strong believer in the coming AI revolution.
Not my cup of meat, this week. Although I will always stop to listen to Sonal Desai. Tracey Alloway is no slouch, either. They were re-hashing the Fed Statement from Jay Powell. David Weston appeared, previously RECORDED. Romaine Bostick hosted.
Comments
Banks, private capital, real estate. Summers on collecting arrears from the wealthy.
https://www.bloomberg.com/news/videos/2023-04-22/wall-street-week-full-show-04-21-2023
I'm shocked, shocked!
Lee and Subramanian are good. I like it when they're on.
I don't recall watching an episode of the "new" Wall St. Week where he was not a guest.
BTW - Liz looks nice in leather …
Liz is hot. Did you watch "Wealthtrack" yet? Savita Subramanian. Engaging and smart, too. She was massaging my Confirmation Bias bone, recommending commodities and energy, at the end. ( my PRNEX and NHYDY. Also, ET--- a midstream LP oil/gas outfit.)
Side note: I've come across some negative remarks about dealing with the K-1 Tax Form. Relying on my tax preparer, this was my first year with the K-1. She handled it as a matter of routine. Not a wrinkle. A breeze. The only thing is, you can't file early.
I rarely draw anything decisive about the investment climate from this show. Like a lot of financial TV, the tenor of the program seems to follow whatever course the markets took that week. If markets were positive guests tend to focus on “opportunities” for investment. If they were downbeat as this week, caution becomes the buzzword. Note the mention this week about hedging risk - without really delving into how to hedge.
Maybe he will now become an occasional guest instead of a weekly "very special guest?"
https://www.bloomberg.com/news/videos/2023-05-20/wall-street-week-full-show-05-19-2023
GULP! The national debt is now up to 97% of GDP!? (Remember when the figure was tagged as GNP? So, what's the difference, and why the change?)
https://www.bloomberg.com/news/videos/2023-06-03/wall-street-week-full-show-06-02-2023
...And uncle Larry Summers is back.
“We’re, Ah, what we call a skeptical participant in the U.S. market, really, with a neutral position on U.S. equities. … You’ve got a conflicting set of signals going on as far as what may happen with the stock market. … So are we in a new bull market? We think it still remains to be seen.”
Erickson later on recommends some specific income producing stocks (reinsurance) & bonds (non-agency backed mortgages).
Always enjoy hearing Ray Dalio (midway through program). Spoke in generalities about U.S. China relations. You’d be hard pressed to take away specific stock recommendations. But Dalio’s a strong believer in the coming AI revolution.
Not my cup of meat, this week. Although I will always stop to listen to Sonal Desai. Tracey Alloway is no slouch, either. They were re-hashing the Fed Statement from Jay Powell.
David Weston appeared, previously RECORDED. Romaine Bostick hosted.
https://www.bloomberg.com/news/videos/2023-06-24/wall-street-week-full-show-06-23-2023-lj9g6xmk