There's a lot of questions about whether or not the market will push back against a Hassett fed that could be cutting rates aggressively. What do you make of this debate. Morning.I think it's an interesting debate, no doubt. And if you look at the two year yields, they tell you a big story. Now, what is priced in by the markets.The markets are thinking that the terminal rate is going to be 3%. Well, that is possible. And there's there have been concerns, as you mentioned, you know, about whether that has th ...

ALONGSIDE PAUL: THIS IS "THE ASIA TRADE. " AVRIL: THE TOP STORIES THIS HOUR, ASIAN STOCKS POISED TO FOLLOW WALL STREET HIGHER AS FURTHER EVIDENCE OF A COOLING U.S. JOBS MARKET STRENGTHENS BETS ON A FED RATE CUT NEXT WEEK. TREASURY YIELDS FALLING ALONG WITH THE DOLLAR. FRENCH PRESIDENT EMMANUEL MACRON ARRIVES IN BEIJING FOR A VISIT TO BE DOMINATED BY TENSIONS OVER TAIWAN AND TRADE. AND MED APPROACHES APPLE'S TOP DESIGN EXECUTIVE, UNDERSCORING THE SOCIAL NETWORK'S PUSH INTO AIE EQUIPPED CONSUMER DEVICES. PAUL ...

>> THIS IS "BALANCE OF POWER," LIVE FROM WASHINGTON, D. C. JOE: FROM BLOOMBERG'S WASHINGTON, D.C. , STUDIOS TO OUR TV AND RADIO AUDIENCES WORLDWIDE, WELCOME TO "BALANCE OF POWER." TONIGHT, FROM THE NATION'S CAPITAL, HEGSETH UNDER NEW PRESSURE. THE PENTAGON INSPECTOR GENERAL EXPECTED TO DELIVER A REPORT ON THE INFAMOUS SIGNALGATE SCANDAL, THE GROUP CHAT THAT EXPOSED HIGHLY SENSITIVE SECRETS.ALSO, YOU GET A PARDON. DAYS AFTER GETTING A CONVICTED COCAINE TRAFFICKER BELIEFS FROM PRISON, PRESIDENT TRUMP ANNOUNCI ...

The Pentagon Inspector General set to drop a report publicly months in the making into the scandal now known as Signalgate. With Bloomberg News reporting today, the watchdog found defense secretary Pete Hgsth may have put American troops at risk when he shared attack plans on the messaging app from his personal phone. >> Before noon tomorrow on DoDig.mill, the report will drop. It'll be parsed to death because there's a lot of coulds and may. It's not definitive.All the media were pretty much getting the in ...

Its balance of power on Bloomberg TV and radio alongside Omara Omeokwe I'm Joe Mathieu with breaking news in Washington that just crossed the terminal after we took air this evening on Bloomberg. That could be a new help wanted sign going up at the White House. Of course, if Donald Trump chooses Kevin Hassett to be the next chair of the Federal Reserve.That's the expectation. And if he does. Donald Trump's aides and allies are now discussing the possibility of making Treasury Secretary Scott Bessant, the to ...

We serve a customer base we call the middle majority. They or if you think about credit, which we are a credit centric bank, if you've got a lot of money, you don't need a lot of access to credit. You pay cash for car, you save up to send your kids to college.If you're on the other end of the spectrum, you can't really access credit. So there's this middle group that are high income, heavy users of credit so they can afford a car, they can afford to send their kids to school, but they need to use credit to ...

Well, I mean, it's a bit of a whipsaw effect because automakers during the Biden administration, when they really toughened standards, spent billions creating infrastructure for EV factories and battery factories. And all of that is losing the money now because President Trump has done away with the what he called the EV mandate. Right.He took away the 70 $500 consumer tax credit for buying an electric vehicle. But more importantly, he also zeroed out the penalties for not meeting fuel economy standards or ...

There's a wide expectation that the Federal Reserve Board might lower again in December. Do you have a view on whether if the Fed does lower it should be 25 basis points or 50 basis points as a president or do you have a view on what might be better for the economy. >> Well, I you know first want to say that that I have high regard for Jay Powell.I've known him for a long time. Have uh had economic conversations with him many many times during the last administration and this time too. I think at times he a ...

NFL Current State & Challenges - The NFL faces a landscape where the difference between teams is minimal, with quarterback health being a significant factor affecting team performance [1][2] - Increased injuries, especially among quarterbacks, are a major concern, contrasting with past eras where players like Roger Staubach and John Unitas rarely missed games [3] - Rule changes intended to protect players, particularly quarterbacks, have altered the game, but injuries remain a critical issue [24][25] - The game is considered more dangerous now due to the increased size and impact of players, leading to more concussions and long-term health issues [28][29] Quarterback Evolution & Value - Quarterbacks today need to be mobile and able to run, a contrast to earlier eras where scrambling was less common [22] - Modern NFL quarterbacks are highly valued, potentially earning $40 million/year for 10 years, creating generational wealth [6] - Patrick Mahomes is highlighted as an example of a mobile quarterback who has reached another level of play [22] College Football Transformation - College football faces challenges with the name, image, and likeness (NIL) rules and the transfer portal, leading to significant changes in player dynamics [13] - College players are now being paid substantial amounts, with some Georgia Bulldogs earning $3 million to $5 million/year [13] Business & Technology - Technology has greatly improved business opportunities, making it easier to achieve more [18] - Fran Tarkenton is involved with Pip IQ, an AI-driven technology strategy for small and medium-sized businesses, aiming to provide affordable solutions [8][16] - Tarkenton emphasizes that the mission of business is to help people, particularly small business entrepreneurs [17] Tarkenton's Career & Perspective - Fran Tarkenton's initial NFL salary was $12,500, which increased to $180,000 at his peak, a stark contrast to modern salaries [7] - Tarkenton has started 24 companies and remains active in business, driven by a desire to help others [16][17]

Regulatory Changes & Impact - Termination of CAFE (Corporate Average Fuel Economy) standards is expected to lower costs for American consumers and protect auto jobs [1] - The previous administration's CAFE standards were considered burdensome and expensive for automakers, both domestically and internationally [1][2] - The prior regulations, combined with electric vehicle mandates, allegedly caused car prices to increase by more than 25% [3] Market & Consumer Preferences - There is a perceived quest to end gasoline-powered cars, despite the US having abundant gasoline resources [4] - Consumers desire a variety of vehicle options, including gasoline and electric cars [4] Economic Implications - The previous administration's policies put upward pressure on car prices [2] - The current administration aims to reduce car prices and make them more affordable [1] Political Commentary - The previous administration's policies are labeled as the "Green New Scam" [3]