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Bloomberg

New York Life's Goodwin: Affordability, Not Inflation, Is Short-Term Market Catalyst

Lauren Goodwin, Economist and Chief Market Strategist at New York Life Investments, joins Bloomberg Businessweek Daily to discuss the state of the US economy and inflation, Federal Reserve monetary policy, and more. Goodwin also discusses the lack of clarity around tariff inflation passthrough and the continuous fluctuation of supply chains and policy, which can then impact consumers directly and indirectly. Goodwin speaks with Carol Massar and Tim Stenovec.

Leia mais: New York Life's Goodwin: Affordability, Not Inflation, Is Short-Term Market Catalyst
Bloomberg

Wayve CEO on Robotaxis, Automaker Partnerships, Software

Wayve Ltd. CEO Alex Kendall discusses the UK self-driving company's global autonomy platform, its partnerships with Nissan, Mercedes and Stellantis, and plans for mass production of robotaxis. He also talks about high-margin software business with some of the world's largest OEMs, saying, "we're excited to see our technology go head-to-head." Kendall speaks with Bloomberg's Tom Mackenzie in London.

Leia mais: Wayve CEO on Robotaxis, Automaker Partnerships, Software
Bloomberg

Dimon Sees Pre-Crisis Parallels as Rivals Do 'Dumb Things'

JPMorgan Chase CEO Jamie Dimon, asked about fierce competition across the financial industry, said he's starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously. "Unfortunately, we did see this in '05, '06 and '07, almost the same thing the rising tide was lifting all boats, everyone was making a lot of money," Dimon told investors on Monday. While JPMorgan isn't willing to make riskier loans to boost net interest income, he said, "I see a couple people doing some dumb things. They're just doing dumb things to create NII." Dimon, who led the largest US bank through the 2008 financial crisis and scooped up two major competitors that collapsed, said he expects the credit cycle will eventually sour again though he is not sure when. Bloomberg News Finance Reporter Katherine Doherty joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

Leia mais: Dimon Sees Pre-Crisis Parallels as Rivals Do 'Dumb Things'