Bloomberg Opinion
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Opinions on business, economics, technology and more from the columnists at Bloomberg Opinion.
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Trump has destroyed America’s relationships with its global allies, @andreaskluth says. Now that the Democrats have taken the House and the Senate, this is what they can do to stop him from going further 🎥
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@AllisonSchrager @foxjust @JonathanJLevin "I would like to feel confident that we're not doomed and we're heading in the right direction," @AllisonSchrager says. "People might not feel that right away but they will soon."
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@AllisonSchrager @foxjust @JonathanJLevin "Eventually there's going to be some stock market correction," @AllisonSchrager says. "So much of Main Street is tied up in Wall Street."
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@AllisonSchrager @foxjust @JonathanJLevin "Healthcare like shelter is extraordinarily hard to measure," @JonathanJLevin says. "People are spending more on healthcare, but the BLS is saying it's cheaper."
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@AllisonSchrager @foxjust @JonathanJLevin "You add up all these little things and this is why we're still talking about inflation six years after [the pandemic,]" @JonathanJLevin says.
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@AllisonSchrager @foxjust @JonathanJLevin "[Tariffs] are not coming out of the numbers," @JonathanJLevin says. "These things pass through the economy in such unpredictable fashions."
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@AllisonSchrager @foxjust @JonathanJLevin "The economy has gotten a lot trickier," @AllisonSchrager says. "What matters to people is disconnected from the macro trends."
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@AllisonSchrager @foxjust @JonathanJLevin "I think we're reaching the limits of what [the Fed] can do," @AllisonSchrager says. "Politicians need to step up and actually start creating policies that grow the economy in a meaningful way."
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@AllisonSchrager @foxjust "My take continues to be: You're not fighting today's inflation, you're fighting tomorrow's inflation," @JonathanJLevin says.
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@AllisonSchrager "This could be a lag on energy maybe?" @AllisonSchrager says. "But lags are not comforting to households when they go to the grocery store."
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@AllisonSchrager NEW FROM CPI DAY 🚨
US Oct. Consumer Prices Rise 0.4% M/M; Est. +0.3%
US Oct. Core CPI Rises 0.3% M/M; Est. +0.2%
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@AllisonSchrager "People are feeling so dissatisfied," @AllisonSchrager says. "How effective can the Fed be in dealing with this?"
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"After the election it's become so clear how important affordability is to households," @AllisonSchrager says.
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It's CPI Day! Will the data lock in a Fed hike in December?
🎥Tune in as @JonathanJLevin discusses LIVE with @AllisonSchrager and @foxjust
With the architect of the AI sector’s most valuable publicly listed company under scrutiny, what’s next for Nvidia?
@shuli_ren on Jensen Huang’s affair and that viral photo 🎥
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@JonathanJLevin @keds_economist @foxjust "I think [regulation] is a fall guy that [AI companies are] going to enjoy having because they've way overpromised on what their technology can deliver," @keds_economist says.
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@JonathanJLevin @keds_economist @foxjust "The truth is that Americans don't want [AI] to move so fast... they want it to be held accountable for the harm it causes," @keds_economist says.
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@JonathanJLevin @keds_economist @foxjust "The whole job process is becoming automated and AI-driven in a way that I think is really hard for anybody to navigate," @foxjust says. "It must be maddening for anyone coming out of school."
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@JonathanJLevin @keds_economist @foxjust "There are a lot of baby boomers and they keep turning 65," @foxjust says. "Overall we have a working age labor force that's not growing.
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@JonathanJLevin @keds_economist @foxjust "The effect of cities that were targeted by [ICE] surges last year was very clear in that it caused mini recessions," @keds_economist says. "People didn't want to go outside."
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