Core Viewpoint - President Trump has nominated Kevin Warsh as the new Fed chair, expressing a desire for an ambitious economic growth rate of 15%, which is rarely achieved outside of wartime [1][8]. Economic Growth Metrics - The president did not clarify the specific metric or timeframe for the 15% growth target, but typically, economic growth is measured as the inflation-adjusted annual rate of GDP growth [2]. - Historically, real GDP growth averages between 2%-3% annually, with double-digit growth occurring only in extreme situations, such as post-catastrophe recoveries [3]. Historical Context - The last instance of GDP growth reaching Trump's predicted level was during the reopening of businesses after COVID-19 restrictions, while the last year with growth exceeding 15% was 1943, during World War II [4]. Fed's Role and Challenges - As Fed chair, Warsh will have the ability to influence the economy through the fed funds rate, which impacts borrowing costs; however, his influence is limited as he is one of 12 voting members [7]. - The Fed can stimulate economic growth by lowering interest rates, but it must also manage its mandate to control inflation, which remains above the Fed's 2% target [6][8].

Yes, Google's parent company, Alphabet, is just tapping the bond market with a 100year time frame. No joke, this bond is not going to mature until the year 2126. And the wild part is investors could not get enough of it.On today's Stocks and Translation, we're breaking down what this so-called century bond actually is and why a company that's drowning in cash, why they would want to borrow in the first place. So, Alphabet is raising about $32 billion across multiple bond deals in multiple currencies and onl ...

Gold opened modestly higher after weak retail sales in the US supported the case for the Federal Reserve to cut interest rates https://t.co/4DvD0hLnXm ...

Yes, Google's parent company, Alphabet, is just tapping the bond market with a 100year time frame. No joke, this bond is not going to mature until the year 2126. And the wild part is investors could not get enough of it.So, Alphabet is raising about $32 billion across multiple bond deals in multiple currencies and only a smalish part, 1 billion British pounds, is for a hundred years. Now, let's talk about who buys something like this. Some buyers like pension funds and insurers want steady payments for a ve ...

>> THIS IS BLOOMBERG BUSINESSWEEK DAILY, REPORTING FROM THE MAGAZINE THAT HELPS GLOBAL LEADERS TO STAY AHEAD WITH INSIGHT ON THE PEOPLE, COMPANIES, AND TRENDS SHAPING TODAY'S COMPLEX ECONOMY. PLUS GLOBAL BUSINESS, FINANCE, AND TECH NEWS AS IT HAPPENS. BLOOMBERG BUSINESSWEEK DAILY WITH CAROL MASSAR AND TIM STENOVEC ON BLOOMBERG RADIO, TELEVISION, YOUTUBE, AND BLOOMBERG ORIGINALS.KAILEY: VERY GOOD AFTERNOON. THIS IS BLOOMBERG BUSINESSWEEK DAILY. CAROL MASSAR AND TIM STENOVEC.IT IS -- S&P 500 BRIEFLY HITTING A ...

Kevin Worsh and Scott Bessent, they are cooking up a new plan and they want to revolutionize monetary policy. Now Worsh, he is the next Fed chairman nominee. He wants to create an accord between the Fed and the Treasury Department.Bessent who runs the Treasury, he's fully on board with this plan. Now you got to remember these two guys have both worked very closely with Stanley Jim Miller for years. They have very similar views on global macro environment and monetary policy.A big part of the plan is to get ...

Inflation is under 1% in the United States.Deflation is a major risk.The Fed should be cutting interest rates. ...

The escalating financial strains of two Brazilian companies have sent bondholders racing to the exits and sown fear that more businesses will be driven to the brink by the nation’s highest interest rates in two decades https://t.co/SWZxegCJ4d ...

Earnings Reports - More than half of the S&P 500 companies have reported Q4 earnings, with 79% beating expectations, indicating strong performance [2] - S&P earnings growth is projected to increase by +8.4% in Q4, marking the tenth consecutive quarter of year-over-year growth [2] - Excluding the Magnificent Seven technology stocks, Q4 earnings are expected to rise by +4.6% [2] Economic Indicators - January nonfarm payrolls are expected to increase by +68,000, with the unemployment rate remaining at 4.4% [3] - January average hourly earnings are anticipated to rise by +0.3% month-over-month and +3.7% year-over-year [3] - December retail sales were unchanged month-over-month, falling short of expectations of +0.4% [4] - The Q4 employment cost index rose by +0.7% quarter-over-quarter, the smallest increase in 4.5 years [4] Stock Market Movements - Cybersecurity stocks are performing well, with Atlassian up more than +4% and Zscaler up more than +3% [10] - AI-infrastructure stocks are under pressure, with Western Digital down more than -8% [11] - Ichor Holdings is up more than +34% after forecasting Q1 adjusted EPS significantly above consensus [12] - Spotify is up more than +17% after reporting a record 38 million monthly active users, exceeding expectations [12] Company Forecasts - Credo Technology Group is up more than +10% after forecasting preliminary Q3 revenue well above consensus [13] - Masco is up more than +9% after forecasting full-year adjusted EPS above consensus [13] - Coca-Cola is down more than -1% after reporting Q4 net revenue below consensus [16]

I want to bring in Kamal Sri Kumar who is president of Sri Kumar Global Strategies and covering the equity angle for us this morning is Sylvia Jablonsky. She's chief investment officer of Defiance ETFs. Uh very quickly, Sylvia, just looking at the futures, they paired their losses modestly.I mean, we were down 25, now we're down about four or five. So, not not a big move. Uh but this is pretty important data and it's just the kickoff of what we're getting this week.>> Yeah, absolutely. I think it is a very ...